Question: 5. a) (5 points) Using the information in the table below show how to execute a currency carry trade. (If you think you should borrow

5. a) (5 points) Using the information in the table below

5. a) (5 points) Using the information in the table below show how to execute a currency carry trade. (If you think you should borrow from the U.S. then starting with borrowing $1000. If you think you should borrow from the euro market, then start from borrowing e1000.) + ASK BID $1.1208 Spot EUR/USD: el = $1.1212 Borrowing 2.99% 360 day Interest Rate: Saving 2.00% 0.99% is le 1.50% O Solution

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