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You have the following spot bid and ask rates between the Peruvian sol (PEN), the Russian ruble (RUB), and the Brazilian
Posted: Sun Jul 03, 2022 6:49 am
by answerhappygod
- You Have The Following Spot Bid And Ask Rates Between The Peruvian Sol Pen The Russian Ruble Rub And The Brazilian 1 (18.74 KiB) Viewed 9 times
You have the following spot bid and ask rates between the Peruvian sol (PEN), the Russian ruble (RUB), and the Brazilian real (BRL): Bid BRL 0.0549/RUB BRL 0.9435/PEN RUB 18.577/PEN Ask BRL 0.0555/RUB BRL 0.9529/PEN RUB 18.763/PEN Which of the following is the closest to the arbitrage profit that is possible at these rates? O a. 7.03% O b. 6.03% O c. 9.40% O d. 6.57% O e. There is no arbitrage possible at these rates.