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Find the triangular arbitrage and the Covered Interest Arbitrage of the following : knowing that the spot rate of the euro is 0.8835 and the

Find the triangular arbitrage and the Covered Interest Arbitrage of the following :

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knowing that the spot rate of the euro is 0.8835 and the interest rate of the Euro Area is 0% and the one of the USA is 0.25%.

Bid 1year Forward rate EUR/USD Ask 1.1429 1.1425 Bid 1year Forward rate EUR/USD Ask 1.1429 1.1425

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