Covered Interest Arbitrage in Both Directions. The following information is available:• You have 500,000 to invest.• The current spot rate of the Moroccan dirham is0.110.• The 60-day forward rate of the Moroccan dirham is 0.108.• The 60-day interest rate in the United States is 1 percent.• The 60-day interest rate in Morocco is 2 percent.a. What is the yield to a U.S. investor who conducts covered interest arbitrage? Did covered interest arbitrage work for the investor in this case?b.

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251K views · 187 reactions | Poland - Gniezno, February 2018: Watch what happens to three Moroccan employees in a kebab shop. This is NOT what the Polish people are about. Poland was one of the first countries in Europe to respect Jewish and Muslim citizen rights in the country since the 18th century. SHARE this to reject hatred and to energise others to stand up against it. | Faith Matters | Facebook