Critically discuss the concepts of Triangular Arbitrage and Covered Interest Arbitrage with relevant examples.
a)Critically discuss the concepts of Triangular Arbitrage and Covered Interest Arbitrage with relevant examples. (40%) b)Using the numerical software package as explained in the online lectures and using any exchange-rate data on the Internet (daily, weekly, monthly or yearly) produce a report examining how triangular arbitrage would apply and compute the profit from this strategy […]