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A Tunisian investor is wondering whether she can make a riskless profit giving the following quoted exchange rates. Can you help her take a decision
A Tunisian investor is wondering whether she can make a riskless profit giving the following quoted exchange rates. Can you help her take a decision knowing that she has 1.5 million Tunisian dinars (TND) to invest? (Ignore any transaction costs). givin USD/CHF: 1.0512 - 1.1212 TND/CHF: 2.999 - 3.1216 USD/TND: 0.3012 - 0.3195
A Tunisian investor is wondering whether she can make a riskless profit giving the following quoted exchange rates. Can you help her take a decision knowing that she has 1.5 million Tunisian dinars (TND) to invest? (Ignore any transaction costs).
givin
USD/CHF: 1.0512 - 1.1212
TND/CHF: 2.999 - 3.1216
USD/TND: 0.3012 - 0.3195
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Investments An Introduction
Authors: Herbert B Mayo
11th Edition
1133936520, 9781133936527
