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You notice the following quotes in the foreign exchange market: $.006/ 1.25/$ ACR: .005/ Find the maximum triangular arbitrage profit available to you (in dollars)
You notice the following quotes in the foreign exchange market:
$.006/
1.25/$
ACR: .005/
Find the maximum triangular arbitrage profit available to you (in dollars) if you have access to $15 million at a 2% interest rate. Round intermediate steps to four decimals.
0 | ||
3,100,000 | ||
7,500,000 | ||
7,200,000 |
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