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Consider the following quotes in the spot market: Bank A $ per $ 1 . 6 0 Bank B $ per $ 2 . 3
Consider the following quotes in the spot market: Bank A $ per $ Bank B $ per $ Bank C per Is there an arbitrage opportunity? If so how would you take advantage of the arbitrage opportunity? Assume you start with $ million.
Consider the following quotes in the spot market:
Bank A
$ per
$
Bank B
$ per
$
Bank C
per
Is there an arbitrage opportunity?
If so how would you take advantage of the arbitrage opportunity? Assume you start with $ million.
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