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Potvin Potvin
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7 years ago
What is the maximum net profit to a speculator with $1 million if interest rates on 1-year Treasuries are 6% in France, 4% in the United States and the exchange rate is expected to change from today's rate of 2Fr/$ to 2.1Fr/$ in 1 year?
A) $1,060,000
B) $1,005,683
C) $1,040,000
D) $1,050,000
E) $1,009,524
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Corporate Finance Online

Corporate Finance Online


Edition: 1st
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BlimpBlimp
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7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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Potvin Author
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#2
7 years ago
I posted without any expectations, this surpassed my expectations
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