Question
*suppose that the one-year interest rate is 6% in the US. The spot exchange rate is $1.21/ and the one year forward exchange rate is
*suppose that the one-year interest rate is 6% in the US. The spot exchange rate is $1.21/ and the one year forward exchange rate is $1.24/. What must the one year interest be in the euro zone to avoid arbitrage?
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The Emerald Handbook On Cryptoassets Investment Opportunities And Challenges
Authors: H. Kent Baker, Hugo Benedetti, Ehsan Nikbakht, Sean Stein Smith
1st Edition
1804553212, 978-1804553213
