Mathematics, 20.09.2019 01:00 avisconti571

The dollar sterling exchange rate (colloquially known as ‘cable’) is 1.83, £1 = $1.83. the sterling euro exchange rate is 1.41, £1 = ¤1.41. the dollar euro exchange rate is 0.77, $1 = ¤0.77. is there an arbitrage, and if so, how does it work?

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The dollar sterling exchange rate (colloquially known as ‘cable’) is 1.83, £1 = $1.83. the sterling...

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