The following exchange rates are available to you. Bank Quotation Fuji Bank, Tokyo Y120/S Credit Suisse First Boston, New York SF 1.60/S Swiss First Bank, Zurich 83/ SF Assume that you have an initial USD 10,000,000. What is the profit in USD from Triangular Arbitrage Show all working a. $66,666.67 b. $1,066,666 C. $533333 d. $75000
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- The following exchange rates are available to you. (You can buy or sell at the stated rates.) Mt Fuji Bank ¥120.00/A$ Mt Rushmore Bank SF1.6000/A$ Mt Blanc Bank ¥80.00/SF Assume that you have SF10, 000,000. Can you make a profit via triangular arbitrage? If so, show the steps that you will follow and calculate the amount of profit in Swiss francs.Assume you can exchange $1 for 10 23 or € 86 in New York in Tokyo, the exchange rate is 1-C009 if you have $900, how much profit can you earn using triangle arbitrage? Mutiple Choce O O O $0756 10568 50821 1098) 50054Case: ER001 on Forex in Trade Finance Bill Amount: USD 100,000.00 You (AD1 Bank in India) are negotiating an Export Bill (under LC) under the Post shipment finance limit (in INR) for your exporter client. You have agreed with client on the post- shipment finance Interest Rate as 10% p.a., payable upfront. How much INR would you credit to the exporter's account on negotiation. Payment Terms: At 60 days after sight Exchange Rate Margin: 0.15% Spot USD/INR=75.5000/5500 Forward Premium 1M: 0.0800/0.1000 Forward Premium 2M: 0.1400/0.1550 • Forward Premium 3M: 0.2300/0.2400 More information provided here ->
- You have 1000000 CHF Assume the following exchange rates are quoted: Bank of America CHF/USD 1.56 Barclays Bank GBP/USD 1.71 Deutsche Bank GBP/CHF 1.13 Is triangular arbitrage possible? Describe the procedure step by step. What's the profit?Swissie Triangular Arbitrage. The following exchange rates are available to you. (You can buy or sell at the stated rates.) Assume you have an initial SF12,000,000. Can you make a profit via triangular arbitrage? If so, show the steps and calculate the amount of profit in Swiss francs (Swissies). Mt. Fuji Bank ¥92.00 = $1.00 Mt. Rushmore Bank SF 1.02 = $1.00 Mt. Blanc Bank ¥90.00 = SF 1.00The exchange rates in New York for $1 are Can$1.0941 or 0.7257 pounds. In Toronto, Can$1 will buy 0.6722 pounds. How much profit can you earn on $8,500 using triangle arbitrage?" $107.90 $114.25 $120.26 $105.46 $142.81
- Use the information below to answer the following question. So($/€) F360 ($/€) Exchange Rate $ 1.45 € 1.00 = $ 1.48 = € 1.00 Interest Rate APR is i€ 4% 3% If you borrowed $1,000,000 for one year, how much money would you owe at maturity? Short Answer Toolbar navigation BIUS $1,524,400 A RN KEAssume that you are a retail customer. Use the information below to answer the following question. Exchange Rate - Bid Exchange Rate - Ask Interest Rate APR S0($/€) $ 1.42 = € 1.00 $ 1.45 = € 1.00 i$ 4 % F360($/€) $ 1.48 = € 1.00 $ 1.50 = € 1.00 i€ 3 % If you had borrowed $1,000,000, traded them for euros at the spot rate, and invested those euros in Europe, how many euros do you receive in one year?Question 1 You are considering uncovered interest arbitrage between the pound (GBP) and the US dollar (USD). The following data is available to you: Funds available: 2 million GBP Spot exchange rate: 1.40 USD per GBP Spot exchange rate one year ago: 1.26 USD per GBP USD 3 month interest rate: 2.32% GBP 3 month interest rate: 0.75% a) Calculate the profit that would be made if the exchange rate remains at its current level in 3 months' time. b) How would the profit figure change if the US dollar continues to weaken at the same rate as it has done over the previous year?
- Assume the exchange rates in New York for $1 are C$1.1382 and £.6387 while in Toronto, C$1 will buy £.5612. How much profit can you earn on $10,000 using triangle arbitrage?The current spot rates are: GBP (S/E) EUR (S/E) JPY (¥/$) Bid 1.115 1.025 102 13,000,000.35 You owe a customer in England £1 and you are owed 86. You currently have $13 million in the bank. How much will you have in the bank after both transactions are finished? Ask 1.168 1055 127 13,324,862.7451 margin of error +/-10Question 5: Assume that You are risk manager at BIC Investment. BIC fırm wants to fix currency rate for 5.000.000 USD export transaction in 120 days and 3.000.000 EURO import transaction in 180 days from AC Bank. Find bid and ask forward rate of AC Bank by using exchange rates and interest rates below. USD/TL: 13,3725/13,9850 USD interest rate: 0,50/1,00 TL interest rate: 21.00/27,00 EURO/TL: 15,2700/15,4250 EURO interest rate: 1,25/2,50