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Chicago bank expects the exchange rate of the NZ$ to appreciate from $0.70 to $0.75 in 30 days. Chicago bank can borrow $10m on a

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Chicago bank expects the exchange rate of the NZ$ to appreciate from $0.70 to $0.75 in 30 days. Chicago bank can borrow $10m on a short term basis. Currency Lending Rate Borrowing rate $ 1% 1.5% NZ$ 1.2% 2.0% Question: If Chicago bank anticipate NZ$ to appreciate, how shall it trade

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