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Given the FX rates below determine if the triangular arbitrage is possible by calculating the cross rate of 5/. (Round your answer to 4 decimals)
Given the FX rates below determine if the triangular arbitrage is possible by calculating the cross rate of 5/. (Round your answer to 4 decimals) HSBC Citi Ps15.1129/$ $1.6512/E Ps24.5541/E Discover Using quotes from previous question and assuming you are allowed to trade with $3,000,000, calculate the triangular arbitrage profit/loss, by going first to Ps. (Round final answer to the nearest dollar:)
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