Warning: Trying to access array offset on value of type bool in /home/topgsnkq/timelyhomework.com/wp-content/themes/enfold/framework/php/function-set-avia-frontend.php on line 570
global finance 666
You have following information on exchange rate:
|
Date |
USD/GBP |
HKD/USD |
|
Jan 2010 |
1.78 |
7.7 |
|
Mar 2010 |
1.90 |
7.75 |
For the period of 01/2010 to 03/2010, which of the following statement is correct?
|
|
|
|
|
|
|
|
Assume that there is no transaction cost and you observe the following quotation:
1. USD/HKD: 0.1250
2. JPY/USD: 116.20
3. HKD/JPY: 0.062
If you have HKD1,000,000 and you try triangular arbitrage, which is the correct way of trade:
|
|
|
|
|
|
|
|
"Looking for a Similar Assignment? Order now and Get 10% Discount! Use Code "GET10" in your order"
