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Country Year 1: Interest Rate Year 1: Year 2: Year 3: Year 2: Year 3: Year 4: Year 1: Year 2: Year 3: Year 4:

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Country Year 1: Interest Rate Year 1: Year 2: Year 3: Year 2: Year 3: Year 4: Year 1: Year 2: Year 3: Year 4: % % % Interest Interest Interest Inflation Inflation Inflation Inflation Change Change Change Rate Rate Rate Rate Rate Rate Rate in IQ in IQ in 10 5.27 2.96 0.56 3.07 2.66 1.96 0.76 0.00 0.00 14.29 15.82 11.28 8.80 4.16 11.39 8.15 11.43 -8.73 37.30 US 5.15 0.00 Iceland 12.35 Tim. Atter pod OS X 10.11 or later. country and invested in Over this 4-year period, you should have borrowed in the the country foreign; home home; foreign O 1 pts D Question 12 If you had access to a $1,000,000 line of credit from your preferred borrowing country, over this 4-year period, your net profit from an uncovered interest rate arbitrage would have been ____ O $594,876 $508,878 O $303,031 $1.406,786 NON LA 30 Country Year 1: Interest Rate Year 1: Year 2: Year 3: Year 2: Year 3: Year 4: Year 1: Year 2: Year 3: Year 4: % % % Interest Interest Interest Inflation Inflation Inflation Inflation Change Change Change Rate Rate Rate Rate Rate Rate Rate in IQ in IQ in 10 5.27 2.96 0.56 3.07 2.66 1.96 0.76 0.00 0.00 14.29 15.82 11.28 8.80 4.16 11.39 8.15 11.43 -8.73 37.30 US 5.15 0.00 Iceland 12.35 Tim. Atter pod OS X 10.11 or later. country and invested in Over this 4-year period, you should have borrowed in the the country foreign; home home; foreign O 1 pts D Question 12 If you had access to a $1,000,000 line of credit from your preferred borrowing country, over this 4-year period, your net profit from an uncovered interest rate arbitrage would have been ____ O $594,876 $508,878 O $303,031 $1.406,786 NON LA 30

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