Question: S = $1.60/ $ = 2% F= $1.54/E F = 4% Profits from covered interest arbitrage per unit of currency invested are closest to: O

S = $1.60/ $ = 2% F= $1.54/E F = 4% Profits from covered interest arbitrage per unit of currency invested are closest to: O A 1.5692 OB. 0.0197 12 OC. $0.0197 OD. $1.5692

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