Business, 04.10.2019 18:20 leneenmarshall3125

15 points) assume the following information regarding u. s. and european annualized interest rates: currency lending rate borrowing rate u. s. dollar ($) 6.73% 7.20% euro (€) 6.80% 7.28% trainor bank can borrow either $20 million or €20 million. the current spot rate of the euro is $1.13. furthermore, trainor bank expects the spot rate of the euro to be $1.10 in 90 days. what is trainor bank's dollar profit from speculating if the spot rate of the euro is in fact $1.10 in 90 days?

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15 points) assume the following information regarding u. s. and european annualized interest rates:...

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