Question 29 2 pts Here are some prices in the international money markets: Spot rate = $1.497 = $1.46/ Forward rate (one year) Interest rate (E) = 7% per year Interest rate ($) = 9% per year Assuming no transaction costs or taxes exist, covered arbitrage profits are zero $2,500 per 1 million borrowed $ investment 250,000 euro per 1 million borrowed euro investments 42,397 euro per 1 million borrowed euro investment