Question
2) Suppose you are given the following exchange rates: 0.0094/0.0098 $/ 60.7492/60.7512 /CHF 0.5837/0.5841 $/CHF Is there a triangular arbitrage opportunity? Describe the steps involved
2) Suppose you are given the following exchange rates:
0.0094/0.0098 $/
60.7492/60.7512 /CHF
0.5837/0.5841 $/CHF
Is there a triangular arbitrage opportunity? Describe the steps involved if you can start with 1 million CHF.
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The Legal Environment Today Summarized Case Edition
Authors: Roger LeRoy Miller
8th Edition
130526276X, 978-1305279407, 1305279409, 978-1305704930, 1305704932, 978-1305262768
