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Quotation Bid-ask rates offered by three banks Bid Ask Bank A (GBP/USD)1,6 1,62 Bank B (MYRUSD)0.2 0.02 Bank C (GBP/MYR) 8.2 8.1 Is the triangle arbitrage visible? if you invest $100,000 what will be your profit ?Can the investors' starts from MYR? Justify

Quotation Bid-ask rates offered by three banks Bid Ask Bank A (GBP/USD)1,6 1,62 Bank B (MYRUSD)0.2 0.02 Bank C (GBP/MYR) 8.2 8.1 Is the triangle arbitrage visible? if you invest $100,000 what will be your profit ?Can the investors' starts from MYR? Justify

Essentials Of Investments
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
Section: Chapter Questions
Problem 1PS
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Quotation Bid-ask rates offered by three banks Bid Ask Bank A (GBP/USD)1,6 1,62 Bank B (MYRUSD)0.2 0.02 Bank C (GBP/MYR) 8.2 8.1 Is the triangle arbitrage visible? if you invest $100,000 what will be your profit ?Can the investors' starts from MYR? Justify
Transcribed Image Text:Quotation Bid-ask rates offered by three banks Bid Ask Bank A (GBP/USD)1,6 1,62 Bank B (MYRUSD)0.2 0.02 Bank C (GBP/MYR) 8.2 8.1 Is the triangle arbitrage visible? if you invest $100,000 what will be your profit ?Can the investors' starts from MYR? Justify
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