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Using the equilibrium spot exchange rate, E$/ is $2, what is the riskless percentage profit that a bond trader could make without any money tied
Using the equilibrium spot exchange rate, E$/ is $2, what is the riskless percentage profit that a bond trader could make without any money tied up assuming that there are no transaction costs in buying and or selling foreign exchange
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Price theory and applications
Authors: Steven E landsburg
8th edition
538746459, 1133008321, 780538746458, 9781133008323, 978-0538746458
