Business
Business, 02.10.2019 05:00, grace1248

Suppose that the one-year interest rate is 5.0 percent in the united states and 3.5 percent in germany, and that the spot exchange rate is $1.12/€ and the one-year forward exchange rate, is $1.16/€. assume that an arbitrageur can borrow up to $1,000,000.

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