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Assume the following information:You have USA dollars 5 , 0 0 0 , 0 0 0 to invest:Current spot rate of TT$ = US $
Assume the following information:You have USA dollars to invest:Current spot rate of TT$ US $day forward rate of TT$ US $month deposit rate in USmonth deposit rate in Trinidad & Tobago If you use covered interest arbitrage for a day investment, what will be the amount of US dollars you will have after days?Exclude $ space from your answer example $ is
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