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You are given the following information. What is the arbitrage profit if you have 1,000,000 to use? ( = British Pound; ZAR = South Africa
You are given the following information. What is the arbitrage profit if you have 1,000,000 to use? ( = British Pound; ZAR = South Africa Rand; DKK = Danish Krone)
S(ZAR/GBP) | 21.1305 |
S(DKK/GBP) | 8.7171 |
S(DKK/ZAR) | 0.3785 |
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