You are a Forex trader. You can invest 100.000 euros. Assuming no transaction costs and no taxes,
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Question:
You are a Forex trader. You can invest 100.000 euros. Assuming no transaction costs and no taxes, can you obtain profits, knowing the following rates?
Madrid F/X rates: 0,6795 £/€
London F/X rates: 1,4689 €/£
B) And, with the following quotes?
Madrid F/X rates: 1,0969 $/€
London F/X rate: 1,4670 €/£
New York F/X rates: 0,6202 £/$
Related Book For
An Introduction to the Mathematics of financial Derivatives
ISBN: 978-0123846822
2nd Edition
Authors: Salih N. Neftci
Posted Date: