Question
If interest rates for three years are 2% in the US, and 1% in Japan and the currency /$ rate is 110, what quote would
If interest rates for three years are 2% in the US, and 1% in Japan and the currency /$ rate is 110, what quote would you provide for a 3-year forward contract? If the 3-year forward rate is quote to you at 113 /$, is there an arbitrage? How much can you make with a $1 million line of credit?
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An Introduction To Wavelet Theory In Finance
Authors: Francis In, Sangbae Kim
1st Edition
9814397830, 978-9814397834
