Question
The following exchange rates are available to you. (You can buy or sell at the stated rates.) Mt. Fuji Bank 92.00/$ Mt. Rushmore Bank SF1.02/$
The following exchange rates are available to you. (You can buy or sell at the stated rates.)
| Mt. Fuji Bank | 92.00/$ | |
| Mt. Rushmore Bank | SF1.02/$ | |
| Mt Blanc Bank | 90.00/SF | |
Assume you have an initial SF12,000,000. Can you make a profit via triangular arbitrage? If so, show the steps and calculate the amount of profit in Swiss francs.
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Multifractal Detrended Analysis Method And Its Application In Financial Markets
Authors: Guangxi Cao, Ling-Yun He, Jie Cao
1st Edition
9811079153, 978-9811079153
