Question
a) Is there any triangular arbitrage opportunity if you observe the following bid and ask quotes? US$1.1408-15/ US$1.5402-10/ 0.7435-42/ b) what will be market movements
a) Is there any triangular arbitrage opportunity if you observe the following bid and ask quotes?
US$1.1408-15/
US$1.5402-10/
0.7435-42/
b) what will be market movements in FX rate?
c) When will no-arbitrage condition hold again?
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The Business Of Personal Finance How To Improve Financial Wellness
Authors: Joseph Calandro Jr, John Hoffmire
1st Edition
1032104570, 978-1032104577
