Three different banks have sent their special quotation to Mr Hertz. Based on the quotation given below, Mr Hertz instructed you to determine the triangular arbitrage profit for Cherry Blink if you...


Three different banks have sent their special quotation to Mr Hertz. Based on the quotation given below, Mr Hertz instructed you to determine the triangular arbitrage profit for Cherry Blink if you are given CHF5,000,000.





























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Bank X



CHF 0.9855/USD



CHF 0.9858/USD




Bank Y



CHF 0.117/HKD



CHF0.1174/HKD




Bank Z



USD 0.1279/HKD



USD 0.1283/HKD




Jun 04, 2022
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