Question

Compute the profit from triangular profit if the bid and ask rate for yen and euro are 130yen/euro, 140yen/euro, and for US$ and euro are 0.8euro/US$ and 0.9euro/US$, and for US$ and yen are 100yen/US$, and 90yen/US$. Compute the triangular arbitrage profit if the notional sum is $1,000. a. Euro 40 b. $1,040 c. Yen 1,040.00 d. $40.00 ​

Answer 1

Explanation:

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