1. Vietcombank provides the following Spot quote USD/VND=23,150.00 23,250.00 and Vietinbank 23,152.00 23,252.00. Explain whether...

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1. Vietcombank provides the following Spot quote USD/VND=23,150.00 – 23,250.00 and Vietinbank 23,152.00 – 23,252.00.

Explain whether and how two-point arbitrage profits could be realized by buying/selling USD and VND with the two banks.

2. Predict the Spot USD/VND exchange rate on 28th February 2020. You need to provide quantitative calculations and/or qualitative explanations to support your prediction.

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Financial Algebra advanced algebra with financial applications

ISBN: 978-0538449670

1st edition

Authors: Robert K. Gerver

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Posted Date: May 06, 2019 01:02 AM

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1. Vietcombank provides the following Spot quote USD/VND=23,150.00 23,250.00 and Vietinbank 23,152.00 23,252.00. Explain whether...

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Expert Answer:

1 Vietcom Bank USDVND 23150 23250 Vietin Bank USDVND 23152 23252 ... View the full answer

Financial Algebra advanced algebra with financial applications

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