c) Bid-ask rates offered by three banks Quotation Bank A (GBP/USD) Bank B (MYR/USD) Bank C (GBP/MYR) 1. 11. BID 1.6 0.2 8.2 ASK 1.62 0.202 8.1 Is the triangle arbitrage visible? if you invest $100,000 what will be your profit? Can the investors' starts from MYR? Justify
c) Bid-ask rates offered by three banks Quotation Bank A (GBP/USD) Bank B (MYR/USD) Bank C (GBP/MYR) 1. 11. BID 1.6 0.2 8.2 ASK 1.62 0.202 8.1 Is the triangle arbitrage visible? if you invest $100,000 what will be your profit? Can the investors' starts from MYR? Justify
Chapter8: Securities Law Considerations When Obtaining Venture Financing
Section: Chapter Questions
Problem 1cM
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