Question: 7 . ( 1 0 pts ) Focusing on the exchange rates listed above, what information can be gathered about the expectations of the currencies

7.(10 pts) Focusing on the exchange rates listed above, what information can be gathered about the expectations of the currencies over the next year. 8.(10 pts) A dealer at Bank of America is quoting a \(0.80/\) exchange rate today. Explain how to earn a risk-free profit in the spot market WITHOUT NUMBERS.
7 . ( 1 0 pts ) Focusing on the exchange rates

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