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You need a loan in currency Z for a very profitable opportunity in country Z. However, that country only allows z-nationals to borrow/lend inside their

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You need a loan in currency Z for a very profitable opportunity in country Z. However, that country only allows z-nationals to borrow/lend inside their country. Find a synthetic to a z-denominated loan of Z100,000. It e_z/$ = 100, F_z/$ = 105, i_$ = 3%. what i_z would allow no arbitrage from Z-nationals? Find all the inflows and outflows (actual numbers) involved in die synthetic

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