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Please calculate the profit in $ assuming you start out with $1,000,000 and are using the triangular arbitrage method: #1) #2) AUD/SF Americana Terms European
Please calculate the profit in $ assuming you start out with $1,000,000 and are using the triangular arbitrage method: #1)
#2)
AUD/SF Americana Terms European Terms bid bid 506 1.597 0.6266 0.6262 Bank X 580 0.5806 1.7235 1.7225 Bank Y Implied Rates bid ask 0.9271 S 926 1.0792 Starting with $1,000,000 how much profit can you make If another bank, Bank Z, gives the following quotes? bid ask SF/AUD Bank Z 0.9254 0.9256 steps Profit isStep by Step Solution
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