Farmerrsquos credit quotes the euro as ldquo13760euro bid, Ask an Expert

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Farmer’s Credit quotes the euro as “$1.3760/€ bid and $1.3770/€ ask”. Landwirten Sparkasse quotes the euro as “$1.3740/€ bid and $1.3750/€ ask”. How much in arbitrage profit could you make on a €1 million trade between these two financial institutions?

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Financial Management, Finance

Category:- Financial Management
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