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Suppose you observe the following quotes: $2.1/E $1.95/BP ACR: BP1.05/E Find the maximum profit (in terms of USD) available to someone with access to 10
Suppose you observe the following quotes:
$2.1/E
$1.95/BP
ACR: BP1.05/E
Find the maximum profit (in terms of USD) available to someone with access to 10 million USD at a rate of 2%.
-$475,000 | ||
$56,410.26 | ||
$256,410.26 | ||
Triangular arbitrage profit is not possible. |
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