1) The spot rate between Canada and U.S. is C$1.2381 - $1, where as 1-year forward rate is C$1.2379 = $1. Risk-free rate in Canada is 2.8 percent. Risk-free rate in U.S. is 3.6 percent. How much profit can you earn on loan of $10,000 by using covered interest arbitrage?
2) How can process and systems of organizations be effectively used to support sharing and creating of knowledge? prepare the definition and features of middle up-down management. prepare a real-life ex for this type of management.