Question
Vietcom bank provides the following Spot quote USD/VND=23,150.00 23,250.00 and Vietin bank 23,152.00 23,252.00. Explain whether and how two-point arbitrage profits could be
Vietcom bank provides the following Spot quote USD/VND=23,150.00 – 23,250.00 and Vietin bank 23,152.00 – 23,252.00.
Explain whether and how two-point arbitrage profits could be realized by buying/selling USD and VND with the two banks Predict the Spot USD/VND exchange rate on 28th February 2020. You need to provide quantitative calculations and/or qualitative explanations to support your prediction.
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1 Vietcom Bank USDVND 23150 23250 Vietin Bank USDVND 23152 23252 ...
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Financial Algebra advanced algebra with financial applications
Authors: Robert K. Gerver
1st edition
978-1285444857, 128544485X, 978-0357229101, 035722910X, 978-0538449670
