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The spot exchange rate is $2 per 1 fc. The 1 year futures exchange rate is $1.94 per fe. What is the end of year

The spot exchange rate is $2 per 1 fc. The 1 year futures exchange rate is $1.94 per fe. What is the end of year arbitrage profit per $1000? The US interest rate is 4% and the foreign country's is 8% A. $7.6 B. $4.1 C. $20.0 D. $41.0 E. $76.0

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