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Given the folowing spot quotes : EURGBP 0.6850 GBPUSD 1.9920 EURUSD 1.2200 Notation XYZABC n means one needs n units of currency ABC to buy
Given the folowing spot quotes : EURGBP 0.6850 GBPUSD 1.9920 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? Question 16 options: 14,452,000 USD 19,597,000 USD 8,027,000 USD There is no opportunity for arbitrage
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
