Assume the following information: You have $1,000,000 to invest: Current spot rate of pound = $1.32 90-day forward rate of pound = $1.29 3-month deposit rate in U. S. = 2.5% 3-month deposit rate in Great Britain = 3.75% If you use covered interest arbitrage for a 90-day investment, what will be the amount of U. S. dollars you will have after 90 days?
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According to ceo heidi ganahl, camp bow wow requires a strong and consistent corporate culture to keep all local franchise owners "on the same page" and to follow a common template for the business and brand. this culture could become detrimental over time because: (a) strong consistent cultures are inflexible and incapable of adapting to environmental change (b) strong consistent cultures are too flexible and capable of adapting to environmental change (c) strong consistent cultures don’t perform well in any environment (d) the passing of time provides stability and predictability for businesses
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How an absolute advantage might affect a country's imports and exports?
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Assume the following information: You have $1,000,000 to invest: Current spot rate of pound = $1.32...
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