A trader who simultaneously bought Swiss francs in New York for .9772 and sold them in Zurich for .9774 would be practicing
A) simple arbitrage.
B) inside trading.
C) compound arbitrage.
D) parity exploitation.
Answer: A
You might also like to view...
It has been said that the only thing worse than having a problem is to have a problem and not be aware that you have it!
Indicate whether the statement is true or false
The most important aspect of any presentation is getting the audience to receive, understand, and embrace your message
Indicate whether the statement is true or false.
An adjusting entry includes at least one balance sheet account and at least one income statement account
Indicate whether the statement is true or false
You have been asked to compare Product A with Product B based upon three criteria: cost, reliability, and durability. Using Roman Numerals in an outline form, show an organizaitonal strategy that could be used. Assume you would have a standard introduction and conclusion