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Given 1.25 USD/GBP, 1.10 USD/EUR, and .9000 GBP/EUR, arbitrage to earn USD. Assume you've 1m USD line of credit with 0% interest rate. A. $22,727.27
Given 1.25 USD/GBP, 1.10 USD/EUR, and .9000 GBP/EUR, arbitrage to earn USD. Assume you've 1m USD line of credit with 0% interest rate.
- A. $22,727.27
- B. $27,272.73
- C. $18,272.27
- D. $18,727.73
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