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Assume the following information: Exchange rate of Japanese yen in U.S. $ = $.011 Exchange rate of euro in U.S. $ = $1.40 Exchange rate
Assume the following information:
| Exchange rate of Japanese yen in U.S. $ | = | $.011 |
| Exchange rate of euro in U.S. $ | = | $1.40 |
| Exchange rate of euro in Japanese yen | = | 140 yen |
What will be the yield for an investor who has $1,000,000 available to conduct triangular arbitrage?
| $100,000 | ||
| -$90,909 | ||
| 10% | ||
| -9.09% |
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Renewable Energy Finance Theory And Practice
Authors: Santosh Raikar, Seabron Adamson
1st Edition
0128164417, 9780128164419
