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As a financial whiz, you notice that you could borrow euros at 0.5% and invest in...

As a financial whiz, you notice that you could borrow euros at 0.5% and invest in U.S. Treasury bills and earn 3%, potentially reaping an annualized profit of $25,000 per million. You propose that your company borrow 10 million euros, convert to dollars and invest the dollars for six months to earn as much as $125,000. Should your boss approve your plan? Why or why not?

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