Given the annual required real rate of return for all country is 1.25%, and Fisher Effect holds among countries. Using the information in the table to answer the question.

		Investment Rate p.a.	Spot per U$1
Spain	EU	2.25%	0.7591
Philippines	PHP	4.50%	43.5241
India	INR	5.85%	62.6540
USA	US	1.75%

Mr. Glen has USD150, 000 cash available for 180 days and is looking for a profitable investment opportunity, explain how Mr. Glen can profit from investing his funds.

Answer rating: 100% (QA)

Mr Glen can purchase US dollars with his 150000 cas... View the full answer