Question
Suppose the exchange rate in New York is CAD1.30/$. In London, the exchange rates are CAD2.00/ and $1.50/. How much profit can you earn on
"Suppose the exchange rate in New York is CAD1.30/$. In London, the exchange rates are CAD2.00/ and $1.50/. How much profit can you earn on $1,000 using triangle arbitrage?"
| $41.67 | ||
| $25.64 | ||
| $111.11 | ||
| $28.94 | ||
| $83.33 |
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Capital And Finance
Authors: Peter Lewin, Nicolás Cachanosky
1st Edition
0367514559, 978-0367514556
