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Short-term interest rate in Indonesia and the United States are 6.5% and 1% respectively. The current exchange rate on June 15, 2020 is 14,010 Rupiah
- Short-term interest rate in Indonesia and the United States are 6.5% and 1% respectively. The current exchange rate on June 15, 2020 is 14,010 Rupiah against US Dollar. Suppose a forward exchange rate at 15,000 Rupiah against US Dollar. You are required:
- Based on your calculation, Could you take a profit from an arbitrage?
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The Entrepreneur's Growth Startup Handbook 7 Secrets To Venture Funding And Successful Growth
Authors: David N. Feldman
1st Edition
1118445651, 978-1118445655
