Question
If the quote for is $1.25 per pound and for is $1.10 per euro (ignore the bid ask difference) what will be the available profits
If the quote for is $1.25 per pound and for is $1.10 per euro (ignore the bid ask difference) what will be the available profits per $100 if pounds are at 1.15 euros per pound? (Triangular arbitrage) Round your answer to two decimal places and report it without the $ symbol.
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Understanding The Polish Capital Market From Emerging To Developed
Authors: Marek Dietl, Dariusz Zarzecki
1st Edition
1032286962, 978-1032286969
