Question: Using the following information, your maximum profits (positive) would be $_ Spot rate: 50.5/NZS Expectation. ZNS will appreciate against s by $0.02 You can borrow

Using the following information, your maximum profits (positive) would be $_ Spot rate: 50.5/NZS Expectation. ZNS will appreciate against s by $0.02 You can borrow either $10,000 or NZ$20,000 Given interest rates: USS NZ$ Lending rate 6.72% (APR) 6.48%(APR) Borrowing rate 7.2%(APR) 6.96%(APR)

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