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Business, 01.12.2021 04:00 dpierc16

Suppose the interest rate (on an annual basis) on three-month Treasury bills is 10 percent in London and 6 percent in New York, and the spot rate of the pound is $2. a. How can a U. S. investor profit from uncovered interest arbitrage

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Suppose the interest rate (on an annual basis) on three-month Treasury bills is 10 percent in London...
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