Katy Brits specializes in cross-rate arbitrage. She notices the following quotes: New York: 1.1375 $/ London: 1.2571

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Katy Brits specializes in cross-rate arbitrage. She notices the following quotes:

New York: 1.1375 $/

London: 1.2571 $/

Frankfurt: 1.1131 /

Calculate cross rates and what steps would she take to make an arbitrage profit (if possible), and calculate the profits if she has 1,000,000 $ available for this purpose.

Posted Date: May 18, 2024 11:09 PM

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Katy Brits specializes in cross-rate arbitrage. She notices the following quotes: New York: 1.1375 $/ London: 1.2571

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