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( Coverage Interest Arbitrage, 1 of 3 ) Assume you have a good credit and can borrow either $ 1 , 0 0 0 ,

(Coverage Interest Arbitrage, 1 of 3) Assume you have a good credit and can borrow either $1,000,000 or 800,000 for one year. The one-year interest rate in the US is i$=3.5% and

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