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Q. |
If USD /CAD 1.1630, 3 months forward 1. 1675.Annualized interest rate CAD 6%, USD 4%. Arbitrage gain will be_____________ |
A. | 0 |
B. | 1078 |
C. | 1087 |
D. | 1870 |
Answer» C. 1087 |
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