Arbitrage Illustration 16
Three different Traders are quoting as follows:
Trader A 1.63 CAD per Euro.
Trader B 0.945 CHF per CAD.
Trader C 1.545 CHF per Euro.
Workout arbitrage possibilities. (Mumbai University, October 2005)
(Ans.: Gains 3019 Euros on investing 1 million Euros)
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