Evaluate the contention of financial economists

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Kim deal a foreign exchange trader working at a MBS hedge fund in New York US has uncovered persistent violations of covered interest rate parity for USD and Mexican peso in the market using historical data Candyland implement an FX strategy exploiting these opportunities and confirms spectacular dollar returns. Kim deal wants to convince her hedge fund boss to exploit the persistent violations but some but a financial economists argue that such violations are only the result of friction in the market and often a reward for taking breaths critically evaluate the contention of financial economists and Kim deals discovery

Reference no: EM133115465

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