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Intro You have $22,000 to invest. The spot rate for the euro is $1.14 per euro, while the 180 -day forward rate is $1.15 per

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Intro You have $22,000 to invest. The spot rate for the euro is $1.14 per euro, while the 180 -day forward rate is $1.15 per euro. The six-monthly interest rate in the euro area is 6% and in the U.S. it is 3%. Part 1 Attempt 2/10 for 8 pts. What is your risk-free rate of return (yield) from exploiting the higher interest rate in the euro area

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