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The following exchange rate quotes on major currency pairs are obtained from the dailyfx.com website. Check if there is an arbitrage opportunity with regard

The following exchange rate quotes on major currency pairs are obtained from the dailyfx.com website. Check if there is an arbitrage opportunity with regard to the following currency pairs. Show your calculations and write your conclusions. EUR/USD 1.09979 USD/JPY -020 117.949 BOLLIH 109 LLIH 11700 GBP/USD 7 130229 USD/CAD 1.28559 MIED 130M 1200 NZD/USD .00 0.67447 AUD/CAD 0 0.92401 BEARH CAD/JPY -0 91.734 CHF/JPY -14 125.720 135.740 EUR/CAD s 1.41384 EUR/CHF 1.03174 141429 MOED 1.00194 EUR/JPY 0 120.71 GBP/CHF 1.22165 ALH 129.739 122195 USD/CHF - USD/NOK 0.06476 NALIH .06726 Currency Pairs - Set 1 EUR/USD 1.09979 (read this as I EUR 1.09979 USD and follow the same for other quotes) USD/CAD 1.28559 EUR/CAD 1.41384 Currency Pairs- Set 2 USD/CHF 0.93809 USD/JPY 117.949 CHF/JPY 125.720

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