You have been provided with the following interest, spot and 60-day forward rates. Is there an opportunity
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Question:
You have been provided with the following interest, spot and 60-day forward rates. Is there an opportunity to earn a risk-less profit?
Currency | 60-day interest | Spot rate | 60-day forward |
GBP | 5 5/16 - 1/3% | YEN158.519 - 158.564 | YEN158.9505 - 158.9875 |
YEN | 2 7/8 - 1/2% |
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