Question
Given the folowing spot quotes : EURGBP 0.6850 GBPUSD 1.8440 EURUSD 1.2200 Notation XYZABC n means one needs n units of currency ABC to
Given the folowing spot quotes : EURGBP 0.6850 GBPUSD 1.8440 EURUSD 1.2200 Notation "XYZABC n" means one needs n units of currency ABC to buy one unit of currency XYZ. Do a triangular arbitrage starting with EUR 100,000,000. What is your profit in USD?
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