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Bank A: USD/AUD=1.43 Bank B: GBP/USD=1.23 Bank C: GBP/AUD= 1.75 If the quotes were aligned, what would be the quote for GBP/AUD? This is equivalent
Bank A: USD/AUD=1.43
Bank B: GBP/USD=1.23
Bank C: GBP/AUD= 1.75
- If the quotes were aligned, what would be the quote for GBP/AUD? This is equivalent to computing the cross quotation
- Since they are not aligned, show all numerical steps leading to a triangular arbitrage by trading 50,000 USD
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Dave Ramseys Complete Guide To Money
Authors: Dave Ramsey
1st Edition
1937077209, 978-1937077204
