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elf_fu elf_fu
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Posts: 705
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6 years ago
Interest rates on the U.S. dollar are 6.5% and euro rates are 5.5%. The dollar per euro spot rate is 0.950. What is the arbitrage profit on a required 1 million euro payment if the forward rate is 0.980 dollars per euro and the exchange occurs in one year?
A) $10,000
B) $21,000
C) $28,000
D) $34,000
Textbook 
Derivatives Markets

Derivatives Markets


Edition: 3rd
Author:
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phuongha2892phuongha2892
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Posts: 471
6 years ago
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elf_fu Author
wrote...
6 years ago
Thank you phuongha2892
wrote...
3 years ago
Thank you!
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