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If as an Argentina investor, I really wanted the Mexicos 6% return. Instead of locking the returns with a forward waited I chose a carry
If as an Argentina investor, I really wanted the Mexicos 6% return. Instead of locking the returns with a forward waited I chose a carry trade and hoped the spot rate would be in my favor. In the end the spot rate turns out to be 2.300-01 A/M. Now that I have hindsight, would I prefer investing at home, locking the returns with a forward, or using the carry trade?
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