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( Covered Interest Rate Parity ) You are facing the following exchange rates and interest rates. If you can borrow $ 1 , 0 0

( Covered Interest Rate Parity) You are facing the following
exchange rates and interest rates.
If you can borrow $1,000,000 or the equivalent amount of
yen, and you can profit from the covered interest arbitrage,
then your profit is $
How to calculate it to get 46,225.23?
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