
All that is required for a covered interest arbitrage profit is for interest rate parity to not hold.
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Q42: The premium or discount on forward currency
Q43: If the forward rate is an unbiased
Q44: If exchange markets were efficient, the deviation
Q45: Use interest rate parity to answer this
Q46: The authors describe an application of uncovered
Q48: If exchange markets were not efficient, it
Q49: The final component of the equation for
Q50: Empirical tests have yielded _ evidence about
Q51: Instruments denominated in different currencies are perfect
Q52: Covered interest arbitrage moves the market _
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