Triangular Arbitrage Illustration 3


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Triangular Arbitrage Illustration 3

 

Following rates are quoted:

55.5000 = 1 Pound in London

45.625 = 1 US$ in Delhi

$ 1.2182 = 1 Pound in New York

Are Arbitrage gains possible?

(Ans.: Yes. 1,448 Gain)


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