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Casper Landsten CIA (A) Casper Landsten is a foreign exchange trader for a bank in New York. He has 5 million for its Swiss franc

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Casper Landsten CIA (A) Casper Landsten is a foreign exchange trader for a bank in New York. He has 5 million for its Swiss franc equivalent for a short term money market investment and wonde it he should nvest in U.S. dolars for three months or make a CIA investment in the Swiss Franc. He faces the following quotes Arbitrage funds available $ 1.000.000 Spot exchange rate (SF/5) 3- month forward rate (SF1/5) 1.2745 US Dollar nuanterest rate Swiss franc annual interest 3.205 The CIA profit potentials which is Casper Lanouen he should borrow and invest in the yielding currency, the horder to eam covered interest arbitrage (CIA) profits. (Round to three orcimal places and select from the drop-down menus) Casper Landsten CIA (A) Casper Landsten is a foreign exchange trader for a bank in New York. He has 5 million for its Swiss franc equivalent for a short term money market investment and wonde it he should nvest in U.S. dolars for three months or make a CIA investment in the Swiss Franc. He faces the following quotes Arbitrage funds available $ 1.000.000 Spot exchange rate (SF/5) 3- month forward rate (SF1/5) 1.2745 US Dollar nuanterest rate Swiss franc annual interest 3.205 The CIA profit potentials which is Casper Lanouen he should borrow and invest in the yielding currency, the horder to eam covered interest arbitrage (CIA) profits. (Round to three orcimal places and select from the drop-down menus)

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