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Suppose that the one year forward rate is $.75/ . Find the profit (in terms of percentage returns) you could earn via covered interest arbitrage.

Suppose that the one year forward rate is $.75/ . Find the profit (in terms of percentage returns) you could earn via covered interest arbitrage. Assume the US is the home country. Round intermediate steps to four decimals. .1033 .0387 .0669 .0433

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