Question: Please do fast!! I will rate you good for sure!! Please send me typed answer!! Suppose the spot rate of the Euro () against the
Please do fast!! I will rate you good for sure!! Please send me typed answer!!

Suppose the spot rate of the Euro () against the Swiss Franc is 0.86 (l Euro=0.86 Swiss Francs), the annual forward rate is 0.87, the annual interest rate in Switzerland is 0.8%, and the annual interest rate of the Euro is 0.4%, can a Swiss investor practice Covered Interest Arbitrage (CRA)? Show what this investor should do
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