You observe the following exchange rate quotesnbspif you
You observe the following exchange rate quotes:
$ 1.1800 - 1.1830 / EUR
$ 1.5235 - 1.5240 / GBP
GBP 0.7800 - 0.7815 / EUR
If you start with $ 1 million, what arbitrage profit in dollars can you make using triangular arbitrage?
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you observe the following exchange rate quotes 11800 nbsp - nbsp 11830 eur 15235 nbsp - nbsp 15240 gbpgbp 07800 nbsp
you just won the powerball as a result you have the choice between taking 250 million today or taking a 20-year annuity
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