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A currency desler has good creoit and can borrow either 51,000.000 or co0,000 for one yeac. The one yeer interem rate in the US. is

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A currency desler has good creoit and can borrow either 51,000.000 or co0,000 for one yeac. The one yeer interem rate in the US. is is - of and in the ware zone the one-year interest rate is tt * of. The one year forward exchange rate is 5120=6100, what must the spot iate be vo eliminate arbitrage cpportunt est? 5154=6100 1120=1100 1tan+ct60 thene of the sesests

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