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St = 1.50 USD/EUR Ft,90 = 1.48 USD/EUR iEUR = 5.50% iUSD = 3.75% T = 90 days Given this information, is covered interest arbitrage

St = 1.50 USD/EUR Ft,90 = 1.48 USD/EUR iEUR = 5.50% iUSD = 3.75% T = 90 days Given this information, is covered interest arbitrage possible? Design a covered arbitrage

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