Question
Agneta observes the following quotations for USD/SEK offered by three different currency dealers: Credit Suisse 8.2849 - 69 Credit Lyonnais 8.2822 - 77 Deutsche Bank
Agneta observes the following quotations for USD/SEK offered by three different currency dealers:
Credit Suisse 8.2849 - 69
Credit Lyonnais 8.2822 - 77
Deutsche Bank 8.2815 - 35
Agneta has 1 million SEK to invest. What one-round-trip arbitrage profits can she earn, rounded to the nearest SEK?
338 SEK
242 SEK
749 SEK
No arbitrage profit is possible.
169 SEK
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Entrepreneurship In Finance Successfully Launching And Managing A Hedge Fund In Asia
Authors: Henri Arslanian
1st Edition
331943912X,3319439138
