Question: Given the FX rates below determine if the triangular arbitrage is possible by calculating the cross rate of 5/. (Round your answer to 4 decimals)


Given the FX rates below determine if the triangular arbitrage is possible by calculating the cross rate of 5/. (Round your answer to 4 decimals) HSBC Citi Ps15.1129/$ $1.6512/E Ps24.5541/E Discover Using quotes from previous question and assuming you are allowed to trade with $3,000,000, calculate the triangular arbitrage profit/loss, by going first to Ps. (Round final answer to the nearest dollar:)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
