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solve all parts asap c. We are working with currency A (CRA) and currency B (CRB). The quote for the rate is CRACRB=0.8540/60. i. What
solve all parts asap
c. We are working with currency A (CRA) and currency B (CRB). The quote for the rate is CRACRB=0.8540/60. i. What is the mid price and the bid-ask spread? [2 marks] ii. You have 60 units of currency A, to two decimal places how much of currency B do you obtain if you are a market maker? [1 marks ] iii. You have 50 units of currency B, to two decimal places how much of currency A do you obtain if you are a market maker? [1 marks ] d. We have a third currency C which is quoted at CRACRC =1.310/20. Obtain the cross rate CRCCRB to 4 decimal places. [2 marks] e. You obtain a quote for CRCCRB of 0.76 and the rates for CRACRB and CRACRC remain as above. Devise a strategy to make money by triangulationStep by Step Solution
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