I would appreciate your cooperation in the following; I would like to know if there are shortcuts or hints to determine the amount of arbitrage to be obtained w/o the hassle of doing all the calculations of buying and converting, I know there's a formula for triangular arbitrage, but I am not sure how to apply either I think its [(amount x exch. rate1 x exch rate 2)/Quoted exch. rate]- amount.
I would like to know if there are any similar formulas for Bilateral, or IRP, and if not how to determine the profit amount???
Cooperation highly appreciated
CFA Discussion Topic: Econ
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.