the exchange rates of EUR/USD = 1.13757, EUR/GBP = .84029 and GBP/USD= 1.35235 would a triangular arbitrage opportunity be feasible between the U.S., Greece, and Great Britian? If so, how should it be conducted to make a profit

the exchange rates of EUR/USD = 1.13757, EUR/GBP = .84029 and GBP/USD= 1.35235 would a triangular arbitrage opportunity be feasible between the U.S., Greece, and Great Britian? If so, how should it be conducted to make a profit

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter22: International Finance

Section: Chapter Questions

Problem 5WNG

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At the exchange rates of EUR/USD = 1.13757, EUR/GBP = .84029 and GBP/USD= 1.35235 would a triangular arbitrage opportunity be feasible between the U.S., Greece, and Great Britian? If so, how should it be conducted to make a profit?

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