Question
Suppose market prices in forex market are quoted as following Market A $1.5386/ Market B 1.1555/ Market C 0.9770/$ Suppose you have 10,000,000 and want
Suppose market prices in forex market are quoted as following Market A $1.5386/ Market B 1.1555/ Market C 0.9770/$ Suppose you have 10,000,000 and want to utilize a triangular arbitrage opportunity if it exists. 1) Is there an arbitrage opportunity? 2) If there is, what is the size of profit?
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
538482109, 1133711774, 538482389, 9780538482103, 9781133711773, 978-0538482387
