Business, 22.11.2019 06:31 alexabessin

1) what is international currency arbitrage all about? consider the following data: uk 90-day interest rate = .07 europe 90 day interest rate = .048 £1.00 = €1.200, foo =€ 1.1765 you work for pnb paribas in france. from a french point of view, is covered interest arbitrage available? if not, why not? if so, employ €10,000,000 and show how you would exploit the opportunity? explain how the act of exploiting the arbitrage opportunity eliminates it. (in answering this question, ignore differences)

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1) what is international currency arbitrage all about? consider the following data: uk 90-day inte...

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