Assume the following information: You have $1,000,000 to invest:
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?
A) $1,020,500.
B) $1,045,600.
C) $1,073,330.
D) $1,094,230.
E) $1,116,250.

Question

Assume the following information: You have $1,000,000 to invest:
 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?
A) $1,020,500. 
B) $1,045,600. 
C) $1,073,330. 
D) $1,094,230. 
E) $1,116,250.

Quizplus · Accepted Answer

The Answer of Assume the following information: You have $1,000,000 to invest:
 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?
A) $1,020,500. 
B) $1,045,600. 
C) $1,073,330. 
D) $1,094,230. 
E) $1,116,250.

Assume the Following Information: You Have $1,000,000 to Invest