What is the maximum net profit to a speculator with 1


What is the maximum net profit to a speculator with $1 million if interest rates on 1-year Treasuries are 6% in France, 4% in the United States and the exchange rate is expected to change from today's rate of 2Fr/$ to 2.1Fr/$ in 1 year?

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Financial Management: What is the maximum net profit to a speculator with 1
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