Question 4 Two dealers provide quotes for USD/EUR A: 1.169 1.180 B: 1.143-1.158 You have $6,498,093, what are your potential arbitrage profits?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Question 4
Two dealers provide quotes for USD/EUR
A: 1.169 1.180
B: 1.143-1.158
You have $6,498,093, what are your potential arbitrage profits?
Transcribed Image Text:Question 4 Two dealers provide quotes for USD/EUR A: 1.169 1.180 B: 1.143-1.158 You have $6,498,093, what are your potential arbitrage profits?
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