Arbitrage Illustration 16


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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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