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You are given the following information. What is the arbitrage profit if you have 1,000,000 to use? Bid Ask S(SEK/) 10.4091 10.4286 S(/) 0.9115 0.9127
You are given the following information. What is the arbitrage profit if you have 1,000,000 to use?
Bid | Ask | |
S(SEK/) | 10.4091 | 10.4286 |
S(/) | 0.9115 | 0.9127 |
Cross-rate S(SEK/) | 11.4021 | 11.4042 |
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