Question
3. You are a U.S.-based treasurer with $1,000,000 to invest. The dollar-euro exchange rate is quoted as $1.20 = 1.00 and the dollar-swiss franc exchange
3. You are a U.S.-based treasurer with $1,000,000 to invest. The dollar-euro exchange rate is quoted as $1.20 = 1.00 and the dollar-swiss franc exchange rate is quoted at $1.80 = SF1.00. If a bank quotes you a cross rate of SF1.00 = 1.50 how much money can you make from a triangular arbitrage?
4. You are a German-based treasurer with 5,000,000 euros to invest. The dollar-euro exchange rate is quoted as $1.40/ and the dollar-yen exchange rate is quoted at Yen93/$. If a bank quotes you a cross rate of Yen125/ how much money can you make from a triangular arbitrage?
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How To Get Out Of Debt And Into Praise
Authors: James T. Meeks
1st Edition
0802429939,1575678314
