Question
The two-month interest rates in Switzerland and US are 3% p.a. and 8% p.a. respectively. The spot price of SF is $0.6500. The futures price
The two-month interest rates in Switzerland and US are 3% p.a. and 8% p.a. respectively. The spot price of SF is $0.6500. The futures price for a contract deliverable in two months is $0.6600. What arbitrage opportunity does this create?
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Beyond Greed And Fear Understanding Behavioral Finance And The Psychology Of Investing
Authors: Hersh Shefrin
1st Edition
0195161211, 978-0195161212
