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Business, 12.05.2021 02:10 herringalyssa

Assume the following information: Current spot rate of New Zealand dollar = $.41 Forecasted spot rate of New Zealand dollar 1 year from now = $.45 One-year forward rate of the New Zealand dollar = $.42 Annual interest rate on New Zealand dollars = 8% Annual interest rate on U. S. dollars = 9% Given the information in this question, the return from uncovered interest arbitrage by U. S. investors with $400,000 to invest is A) about 11.97 B) about 10.63 C) about 11.12 D) about 13.27 E) about 18.54

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Assume the following information: Current spot rate of New Zealand dollar = $.41 Forecasted spot rat...
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