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4. On checking the Telerate screen, you see the following exchange rate and interest rate quotes: Spot Forward (90-day) $0.711/SF so-716SF 5.99% Interest rate (US)

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4. On checking the Telerate screen, you see the following exchange rate and interest rate quotes: Spot Forward (90-day) $0.711/SF so-716SF 5.99% Interest rate (US) Interest rate (Swiss) 2.14% a. Can you find an arbitrage opportunity? Explain b. Find profit would be obtained from 1 million units of currency? b.ra- nveSt

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