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Suppose that the interbank forward bid for March 20 on Swiss Franc is $0.7915 at the same time that the price of IMM Swiss Franc
- Suppose that the interbank forward bid for March 20 on Swiss Franc is $0.7915 at the same time that the price of IMM Swiss Franc futures for delivery on March 20 is $0.7815. How much of an arbitrage profit could a dealer earn per March Swiss Franc futures contract of SFr 125000?
| a. | $1,250 | b. | $400 | c. | $2,040 | d. | $1,954 |
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Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
