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HSBC ( a large British bank ) is quoting the following spot exchange rates for number of YEN per USD, number of THB per USD
HSBC a large British bank is quoting the following spot exchange rates for
number of YEN per USD, number of THB per USD and number of YEN per THB respectively.
YENUSD
THBUSD
YENTHB
You are trader at Wombat Capital, a US hedge fund, and your job is to try to find arbitrages in the currency markets.
You have mio USD mio means million risk capital provided by your fund.
Using this risk capital, how much arbitrage guaranteed
riskfree profit can you make. If there is no arbitrage possible, enter zero. Give your answer in USD to the nearest USD.
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