You are a Forex trader. You can invest 100.000 euros. Assuming no transaction costs and no taxes,

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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 answer-question

An Introduction to the Mathematics of financial Derivatives

ISBN: 978-0123846822

2nd Edition

Authors: Salih N. Neftci

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Posted Date: Jan 12, 2024 06:34 AM

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You are a Forex trader. You can invest 100.000 euros. Assuming no transaction costs and no taxes,

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An Introduction to the Mathematics of financial Derivatives

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