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Assume the following information: You have $1,000,000 to invest: If you use covered interest arbitrage for a 90-day investment, what will be the amount of U.S. dollars you will have after 90 days?
Legal Entities
Organizations that have legal rights and responsibilities, including the ability to enter into contracts, sue, and be sued; examples include corporations, governments, and non-profit organizations.
New Entity
A freshly established organization or structure that has its own legal identity.
Acquisition
The process of obtaining control of another corporation, either through purchase or merger.
Takeover
The transfer of control over a company from one group to another. The term generally has a hostile implication.
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