You have the following spot rates between the Danish Krone (DKK), the Peruvian sol (PEN), and the Swedish Krona (SEK) Ra
Posted: Mon Jan 17, 2022 8:07 am
You have the following spot rates between the Danish Krone (DKK), the Peruvian sol (PEN), and the Swedish Krona (SEK) Rate 1 Rate 2 Rate 3 PEN 0.4902/DKK SEK 1.0718/DKK SEK 2.3895/PEN Which of the following is the closest to the arbitrage profit that is possible at these rates? O a 9.29% O b. 10.42% OC 9,7996 Od 8.50% Оe 11.17%