Evaluate the arbitrage opportunity with the CIA methods for the EURUSD with the following parameters and identify the preferred direction of trade

		Bid	Ask
S	EURUSD	1.1234	1.1241
F30	EURUSD	1.1328	1.1332
rate	USD	3.32%	3.38%
rate	EUR	2.12%	2.16%

Please calculate both directions and provide the answers. In your answer below, you could provide a 3x3 table (see the top right corner of the text box) and add the following:

	Profit/Loss	Preferred direction (Y/N)
Home	answer	answer
Foreign	answer	answer

Answer rating: 100% (QA)

Home Bid 11234 Ask 11241 S 11328 EURUS... View the full answer