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Question 35 1 Given the information: Interest rate in USERS) Interest rate in UK (RI: The current spot rate for GBP ISRAEL year forward rate

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Question 35 1 Given the information: Interest rate in USERS) Interest rate in UK (RI: The current spot rate for GBP ISRAEL year forward rate for GBP CERIA 6% 4% $1.50 $1.52 Suppose your lines of credit are USD 15,000,000 in the US and GBP 10,000,000 in UK. If you set up a covered interest rate arbitrage, your covered interest arbitrage profit will be GBP 300,000 GBP 60.526 USD 92000 USD 200.000

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