Question
Assume interest rate on CAD is 3.94% per annum while interest rate on EUR % per annum . Spot rate of CAD / (EUR) $1.4731
Assume interest rate on CAD is 3.94% per annum while interest rate on EUR % per annum . Spot rate of CAD / (EUR) $1.4731 and the one-year forward rate of CAD / (EUR) is $1.4595 . What arbitrage profit can be made on an investment amount of CAD 1 million?
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The Chinese Economy Transitions And Growth
Authors: Barry Naughton
1st Edition
0262640643, 9780262640640
