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Current spot rate of pound = $ 1 . 2 8 9 0 day forward rate of pound = $ 1 . 2 2 3
Current spot rate of pound $
day forward rate of pound $
month deposit rate in US
month deposit rate in Great Britain
If you, a US investor, want to use covered interest arbitrage for a day investment, you will have $ after days? Please answer in whole number, please do not use any separator for your number such as : Also note the if in the questionthe question asks for the $ amount you would have if you do covered interest arbitrage with your $ and it is possible that you get a number less than what you would have from investing in the US
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