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Title: Assume that you have $900,000 to invest. The current spot rate of the Australian dollar is $0.62, ... Post by: bigexternal on Jan 14, 2017 Assume that you have $900,000 to invest. The current spot rate of the Australian dollar is $0.62, and the 180-day forward rate of the Australian dollar is $0.64. Furthermore, the 180-day interest rate in the United States is 3.5% and the 180-day interest rate in Australia is 3.0%. What is the net income you will have realized after 180 days if you conduct interest rate arbitrage?
A) $61,548.39 B) $56,903.23 C) $27,000.00 D) $31,500.00 E) $52,632.94 Title: Re: Assume that you have $900,000 to invest. The current spot rate of the Australian dollar is ... Post by: Blimp on Jan 14, 2017 Content hidden
Title: Re: Assume that you have $900,000 to invest. The current spot rate of the Australian dollar is $0.62, ... Post by: bigexternal on Mar 22, 2017 I'm surprised how many intellects exist in this community, thank you
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