Question: I don't need steps, just the final answer. Please answer as soon as possible. I will upvote as soon as I receive an answer! Using
I don't need steps, just the final answer. Please answer as soon as possible. I will upvote as soon as I receive an answer!

Using the information provided, show if it is possible or not to realize Money Market Arbitrage using both theories: PPP and IFE. Determine where to ask for a loan and where to invest. Determine the profit in the indicated currency. Spot 35.23 LBP/PHP Market ER (1 year) 36.88 LBP/PHP Interest Lebanon 15% / year Interest Philippines 4% / year Inflation Lebanon 14% / year Inflation Philippines 3% / year Loan 778 units Profit in PHP NOTE: You MUST round the answer to the nearest WHOLE number (NO DECIMAL PLACES ALLOWED). For example if the answer is greater than or equal to 1.500 = 2. If the answer is less than or equal to 1.49999 = 1. NO UNITS ALLOWED
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