RBC quotes 1.28$/€ bid and 1.31$/€ ask. TD quotes 1.29$/€ bid and 1.32$/€ ask. HSBC quotes 1.34$/€ bid and 1.36$/€ ask. If you start by buying €1, the largest profit you can make is?


2.)A stock in Korea falls 25% in local terms. The Thai baht falls 10% against the Korean won. What is the stock return in Thai baht?


3.)One Peruvian Nuevo Sol (PEN) is worth $0.35. One Argentine peso (ARS) is worth PEN0.31. What is ARS/$?


4.)You have long a put on one Swiss franc (CHF) with strike CHF1.7/$. If the terminal spot rate is CHF1.6/$, your dollar payoff xfrom the option is?

Answer rating: 100% (QA)

1 To make the largest profit we need to buy Euros at the lowest rate and then sell them at the highe... View the full answer