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The treasurer of a major U.S. firm has $30 million to irvest for three months. The interest rate in the United 5 tates is 15
The treasurer of a major U.S. firm has $30 million to irvest for three months. The interest rate in the United 5 tates is 15 percent per month. The interest rate in Great Bratain is. 26 percent per month. The spot exchange rate is f.813, and the three month focward rate is 4. 827. ignote transaction's costs. a. If the treasurer irrvested the company's funds in the U.S. how much would the investment be worth after three months? Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, 1,234,567,89. b. If the treasuref irvested the company's funds in Great Brtain, how much would the inwestment be worth after three months? Note: Do not round intermediate calculations and enter your answer in dollars, not millions of doliars, rounded to 2 decimal. places, 1,234,567.89
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