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Assume the Following Information

question 26

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Assume the following information:
You have $900,000 to invest:

If you conduct covered interest arbitrage, what is the dollar profit you will have realized aFter 180 days?
Current spot rate of Australian dollar (A$) =$.62
180-day forward rate of the Australian dollar=$.64
180-day interest rate in the United States=3.5%
180-day interest rate in Australia=3.0%

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Definitions:

Anorexia Nervosa

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A holistic approach to understanding human health and illness that considers biological, psychological, and social factors.

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An approach in psychology that emphasizes the importance of experience and learning in understanding behavior.

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