Triangular arbitrage is not a truly an arbritrage opportunity since the actual cross rate could change at any moment in such a way that the return an arbitrageur would receive becomes zero. True False
Triangular arbitrage is not a truly an arbritrage opportunity since the actual cross rate could change at any moment in such a way that the return an arbitrageur would receive becomes zero. True False
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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would receive becomes zero. True False](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F53387250-eac1-41d5-91b4-377f1b0bf396%2Fb9887b85-3664-4c3d-b611-1b899da311a1%2F9nq854a_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Triangular arbitrage is not a truly an arbritrage opportunity since the actual cross rate could change at any moment in such a way that the return an arbitrageur
would receive becomes zero. True False
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