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If interest rate parity holds, covered interest arbitrage opportunities will not exist, and arbitragers will be able to make risk-free profits. covered interest arbitrage opportunities

If interest rate parity holds,

covered interest arbitrage opportunities will not exist, and arbitragers will be able to make risk-free profits.

covered interest arbitrage opportunities will exist.

covered interest arbitrage opportunities will exist, and arbitragers will be able to make risk-free profits.

covered interest arbitrage opportunities will not exist.

arbitragers will be able to make risk-free profits.

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