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90-day Interest rates in the US: 10% 90-day Interest rates in Germany: 8% Spot rates (direct...

90-day Interest rates in the US: 10%

90-day Interest rates in Germany: 8%

Spot rates (direct quotes in the US): 1.3000

90-day forward rates (direct quotes in the US): 1.4400

Does IRPT hold? What are the IRPT profits?

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