Question
Assume you have 250 and can exchange C$430 for 250. Also assume you can exchange $1 for C$1.04 and 1 for $1.63. How much arbitrage
Assume you have 250 and can exchange C$430 for 250. Also assume you can exchange $1 for C$1.04 and 1 for $1.63. How much arbitrage profit in pounds can you earn? (Ignore transaction costs.)
| 2.96 | ||
| 3.15 | ||
| 3.47 | ||
| 3.66 | ||
| 3.83 |
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Modern Equity Investing Strategies
Authors: Anatoly B Schmidt
1st Edition
9811239495, 978-9811239496
