3. 14Pt1 Assume the following information: Current spot rate of Euro (EUR USD) $1182 One...
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3. 14Pt1 Assume the following information: Current spot rate of Euro (EUR USD) $1182 One year toward rate of the EXO LEUR:USD) $1.187. Annal Interest rate on Euro Annual 2nterest rate on u.s. dollars. = 2.14. Given the information in this question, the additional profit from covered interest arbitrage by us, investors with #00, to invest is equal to POD
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