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Assume the following information: U.S. investors have 154725 to invest: 1-year deposit rate offered on U.S. dollars = {dollar1} 1-year deposit rate offered on Singapore
Assume the following information: U.S. investors have 154725 to invest: 1-year deposit rate offered on U.S. dollars = {dollar1} 1-year deposit rate offered on Singapore dollars = 1 1-year forward rate of Singapore dollars = 0.6 Spot rate of Singapore dollar = 0.8 Given this information: What is the covered interest rate parties?
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