Question
Given the following information, is triangular arbitrage possible? If so detail the steps necessary to carry out triangular arbitrage and compute the profit from this
Given the following information, is triangular arbitrage possible? If so detail the steps necessary to carry out triangular arbitrage and compute the profit from this strategy if the arbitrageur had 1,000,000 to use.
| Value of a dollar in Japan | 129.87 |
| Value of a dollar in Sweden | SKr 2.00 |
| Value of a Krona in Japan | 65.00 |
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Financial Management For Technology Start Ups
Authors: Alnoor Bhimani
2nd Edition
1398603082, 978-1398603080
