One year US interest rate = 3%, and one-year Japan interest rate = 1%. If Japanese Yen
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One year US interest rate = 3%, and one-year Japan interest rate = 1%. If Japanese Yen is at a premium of 1%, would a covered interest arbitrage work for the Japanese investor? If they start with Yen 10m, how much profit would they make?
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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