WebFairly definition, in a fair manner; justly or honestly; impartially. See more. WebThe one-year interest rate in the U.S. is i$ = 2% and in the euro zone the one-year interest rate is i€ = 6%. The spot exchange rate is $1.25 = €1.00 and the one-year forward exchange rate is $1.20 = €1.00. Show how to realize a certain dollar profit via covered interest arbitrage. Borrow $1,000,000 at 2%.
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