The spot price of the swiss franc is 06500 the futures

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The 2-month interest rates in Switzerland and the United States are, respectively, 3% and 8% per annum with continuous compounding. The spot price of the Swiss franc is $0.6500. The futures price for a contract deliverable in 2 months is $0.6600. What arbitrage opportunities does this create?

Reference no: EM13590352

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