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Bank XYZ quotes the following rates: EUR/USD 1.20 / 1.22 GBP/USD 1.36 / 1.38 GBP/EUR 1.17/1.18 a- Is there any opportunity for an arbitrage?
Bank XYZ quotes the following rates: EUR/USD 1.20 / 1.22 GBP/USD 1.36 / 1.38 GBP/EUR 1.17/1.18 a- Is there any opportunity for an arbitrage? if yes, what kind of arbitrage is that? b- how can you benefit from it if you have one million dollars? What will be your profit or loss?
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Multinational Finance Evaluating Opportunities Costs and Risks of Operations
Authors: Kirt C. Butler
5th edition
1118270126, 978-1118285169, 1118285166, 978-1-119-2034, 978-1118270127
