Question
Assume the exchange rates in New York for $1 are C$1.1382 and .6387 while in Toronto, C$1 will buy .5612. How much profit can you
Assume the exchange rates in New York for $1 are C$1.1382 and .6387 while in Toronto, C$1 will buy .5612. How much profit can you earn on $10,000 using triangle arbitrage?
$.91
$1.08
$.97
$1.03
$1.11
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Probability For Risk Management
Authors: Matthew J. Hassett, Donald G. Stewart
2nd Edition
156698548X, 978-1566985482
