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You can go to the bank and are giving these quotes. You can buy a euro for 14 pesos the bank will pay you 13
You can go to the bank and are giving these quotes. You can buy a euro for 14 pesos the bank will pay you 13 pesos for a euro. You can buy a US dollar for nine euros the bank will pay you eight euros for a dollar you can buy a US dollar for 10 pesos. The bank will pay you nine pesos for a dollar you have 3000 you have a triangular arbitress to generate profit if so, explain the transaction that you would execute if you cannot explain why.
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