(Triangular Arbitrage) These are the quotes from the spot market. Citigroup Credit Suisse ¥102/€ ¥147/$ Deutsche Bank $1.258/€ If you have €1,000,000 to arbitrage, your profit is $

Essentials Of Investments
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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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(Triangular Arbitrage)
These are the quotes from the spot market.
Citigroup
Credit Suisse
¥102/€
¥147/$
Deutsche Bank
$1.258/€
If you have €1,000,000 to arbitrage, your profit is $
Transcribed Image Text:(Triangular Arbitrage) These are the quotes from the spot market. Citigroup Credit Suisse ¥102/€ ¥147/$ Deutsche Bank $1.258/€ If you have €1,000,000 to arbitrage, your profit is $
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