Question
You go to a bank and are given these quotes: You can buy a euro for 13 pesos. The bank will pay you 12.5 pesos
You go to a bank and are given these quotes: You can buy a euro for 13 pesos. The bank will pay you 12.5 pesos for a euro; You can buy a U.S. dollar for 0.9 euro. The bank will pay you 0.8 euro for a U.S. dollar; You can buy a U.S. dollar for 9.66666666666667 pesos. The bank will pay you 9.06666666666667 pesos for a U.S. dollar; You have 21000 USD. How much is you profit for triangular arbitrage?
A. 4782.609 usd.
B. 586.667 usd.
C. 724.138 usd.
D. 17280 usd.
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Bitcoin Cash What You Need To Know About Bch
Authors: Alexander O. M.
1st Edition
1976721229, 978-1976721229
