Question
Assuming the following quotes, calculate how a market trader at Citibank with $8520464.03 can make an intermarket arbitrage profit (in USD). Round to the nearest
Assuming the following quotes, calculate how a market trader at Citibank with $8520464.03 can make an intermarket arbitrage profit (in USD). Round to the nearest dollar.
| Citibank quotes U.S. dollar per pound | $1.5900=1.00 |
| National Westminster quotes euros per pound | 1.2000=1.00 |
| Deutschebank quotes U.S. dollar per euro | $0.7550= 1.00 |
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Dividend Growth Investing Machine
Authors: Andrew P.C.
1st Edition
1521728461, 978-1521728468
