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The two-month interest rates in Switzerland and the United States are 5% and 2% per annum, respectively, with continuous compounding. The spot price of the

The two-month interest rates in Switzerland and the United States are 5% and 2% per annum, respectively, with continuous compounding. The spot price of the Swiss franc is $0.8000. The futures price for a contract deliverable in two months is $0.7900. What arbitrage opportunities does this create?

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