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9. Interest rates are 12% in the US and 5% in England. What is the opportunity to make a profit from this situation? Show the

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9. Interest rates are 12% in the US and 5% in England. What is the opportunity to make a profit from this situation? Show the effect on exchange rates. The current exchange rate is given in question 6. What is the effect on the profit? Note that there are 2 FEX exchanges

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