Assume you have 1 million usd to conduct one cycle of


Assume the following information: USD/AUD, bid/ask: 0.65 / 0.71 USD/MXP, bid/ask: 0.074 / 0.075 MXP/AUD, bid/ask: 8.02 / 8.31 Assume you have 1 million USD to conduct one cycle of triangular arbitrage. What will be your profit from implementing this strategy? Remember to pay careful attention whether you're trading at the bid or the ask with the bank.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Assume you have 1 million usd to conduct one cycle of
Reference No:- TGS02846674

Expected delivery within 24 Hours