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CIA can occur when there are ________________. Borrow in one currency Exchange for other currency in spot market Invest in the other currency Sell future

  1. CIA can occur when there are ________________.
  1. Borrow in one currency
  2. Exchange for other currency in spot market
  3. Invest in the other currency
  4. Sell future expected returns in other currency forward

  1. i and ii
  2. i, ii and iii
  3. ii, iii and iv
  4. All of the above

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