Question: Please give right answer Given the following information: Exchange rate - Canadian dollar 0.665 per DM (spot) Canadian dollar 0.670 per DM ( 3 months)

Please give right answer Given the following information: Exchange rate -

Please give right answer Given the following information: Exchange rate - Canadian dollar 0.665 per DM (spot) Canadian dollar 0.670 per DM ( 3 months) Interest rates - DM 7\% p.a. Canadian Dollar - 9\% p.a. What operations would be carried out to take the possible arbitrage gains

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