torianngreen8063 torianngreen8063

04-05-2024
Business

Answered

1 unit of Currency A costs 0.191 units of Currency B, 1 unit of Currency B costs 3.99 units of Currency
C, and 1 unit of Currency A costs 0.794 units of Currency C . Assume that you are starting out with
1, 000, 000 units of Currency A and that there are no transaction costs. How much money will you
make in one set of triangular arbitrage transactions? Round to the nearest unit of Currency A .

Answer :

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