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show work please 2. - Use the following information: Spot rate: $0.8/NZ$ Expectation: ZNS will appreciate against $ by 2.5% You can borrow either $10,000
show work please 
2. - Use the following information: Spot rate: $0.8/NZ$ Expectation: ZNS will appreciate against $ by 2.5% You can borrow either $10,000 or NZ$12,500. Given interest rates: How much profits/losses will you have in one month if we borrow from US and lend in NZ? Given Answer: c. $198.08 Correct d. Answer: $245.35 Step by Step Solution
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Handbook Of Financial Markets Dynamics And Evolution
Authors: Thorsten Hens
1st Edition
0323165478, 978-0323165471
