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An investor in Country-A and one in Country-B invest in 1-year treasuries of the other country. With Interest rate parity, the Country-B investor using covered
An investor in Country-A and one in Country-B invest in 1-year treasuries of the other country. With Interest rate parity, the Country-B investor using covered interest arbitrage will earn the same return as other Country-B investors who invested in the domestic treasury. Comment.
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