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You have the following financial market information. You also have 1.42 million Australian dollar (A$) or 3.81 million Thai baht (THB) to make a profit
You have the following financial market information. You also have 1.42 million Australian dollar (A$) or 3.81 million Thai baht (THB) to make a profit due to covered interest arbitrage (CIA). Calculate the profit in percentage if the CIA opportunity exists in the market. (enter the two decimal number without sign and symbol)
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