Question
A British investor with a capital of 000.000 will try to chase an arbitrage opportunity based on the data below Londra / 0,8044 / 0,8065
- A British investor with a capital of 000.000 will try to chase an arbitrage opportunity based on the data below
Londra / 0,8044 / 0,8065
New York / $ 1,6275 / 1,6290
Frankfurt / $ 1,2810 / 1,2840
If the investor wants to start the arbitrage transaction by selling 1.000.000 in New York, what is the profit he/she will make?
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Fundamentals Of Investments Valuation And Management
Authors: Bradford D Jordan, Thomas W. Miller Jr., Steven D. Dolvin
6th Edition
0073530719, 9780073530710
