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【简答题】
Suppose now in US,the interest rate for one year treasury bill is 5%,and in UK,the interest rate for treasury bill of the same duration is 9%.In London,the current spot rate between $and £is:£1=$1.5100~$1.5120,and 12 months forward rate is:£1=$1.5075~$1.5095.Required: What do you think is the best method if an American with$1million in his hands wants to profit from this circumstance? Please give your calculations in detail(Suppose all transaction can be freely undertaken in financial markets).(上海财经大学)
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