Triangular Arbitrage Illustration 1
From following 3 quotes, examine if any arbitrage gains are possible and if yes, calculate the same for USD 1 million.
0.5591 UK Pound per USD
1.4521 Euro per UK Pound
0.8128 Euro per USD
(Ans.: 1,147 $)
Triangular Arbitrage Illustration 1
From following 3 quotes, examine if any arbitrage gains are possible and if yes, calculate the same for USD 1 million.
0.5591 UK Pound per USD
1.4521 Euro per UK Pound
0.8128 Euro per USD
(Ans.: 1,147 $)
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