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Assume the following information: You have $ 1 , 0 0 0 , 0 0 0 to invest Current spot rate of pound = $
Assume the following information: You have $ to invest Current spot rate of pound $ day forward rate of pound $ month deposit rate in US month deposit rate in Great Britain If you, a US investor, want to use covered interest arbitrage for a day investment, you will have $ after days? Please answer in whole number, please do not use any separator for your number such as Also note the if in the questionthe question asks for the $ amount you would have if you do covered interest arbitrage with your $ and it is possible that you get a number less than what you would have from investing in the US$
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