Question
Where should you invest your money if interest rates in Canada (US) are 4% (5%), the current spot rate is C$1.05/$ and the 90 day
Where should you invest your money if interest rates in Canada (US) are 4% (5%), the current spot rate is C$1.05/$ and the 90 day forward rate is C$1.045/$? How much could you make in covered interest arbitrage? If I was to borrow 1000.00.
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Financial Institutions Investments And Management An Introduction
Authors: Herbert B. Mayo
8th Edition
0324178174, 9780324178173
