Question: Question 31 The table below presents quotes and cross-quotes on GBP and EUR Price for GBP in Price for EUR in New Price for EUR

 Question 31 The table below presents quotes and cross-quotes on GBP

Question 31 The table below presents quotes and cross-quotes on GBP and EUR Price for GBP in Price for EUR in New Price for EUR Chicago USD GBP) York (USD/EUR) London (GBP/EUR) TGBPUSD 15 EUR USD 1:15 1 EUR GBP 0.7852 If a trader has access to $5,000,000 calculate the maximum profit in one triangular arbitrage transaction. $5618.687 $1.886,385 550328 $100.000

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