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You have $825,000 to invest, and have access to the following information: $.9257 Current spot rate of Swiss Franc 90-day forward rate of the Swiss

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You have $825,000 to invest, and have access to the following information: $.9257 Current spot rate of Swiss Franc 90-day forward rate of the Swiss Franc Annual interest rate in the United States = Annual interest rate in Switzerland $.9197 4.0% 11 4.2% Considering what has been discussed in class, and using the most precise version of IRP, demonstrate whether covered interest arbitrage is possible for a 90-day investment. If so, what will be the amount of U.S. dollars you will have after 90 days? Explain all steps in detail while showing computations

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