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Assume the following information: Current spot rate of Australian dollar = $0.71 Forecasted spot rate of Australian doll
Posted: Wed Apr 06, 2022 9:08 am
by answerhappygod
- Assume The Following Information Current Spot Rate Of Australian Dollar 0 71 Forecasted Spot Rate Of Australian Doll 1 (247.49 KiB) Viewed 37 times
Assume the following information: Current spot rate of Australian dollar = $0.71 Forecasted spot rate of Australian dollar 1 year from now = $.83 One-year forward rate of the Australian dollar = $0.81 Annual interest rate on Australian dollars = .07 Annual interest rate on U.S. dollars = .09 Given the information in this
question, the return from covered interest arbitrage by U.S. investors with $310,000 to invest is about Your Answer: