1.<\/p>\n

(1) NTD to GBP:<\/p>\n

\n
• We will buy GBP with NTD at the ask price of 50.66 NTD\/GBP.<\/li>\n
• The maximum amount of GBP we can buy is 10,000 \/ 50.66 = 197.19 GBP.<\/li>\n<\/ul>\n

  (2)GBP to CNY:<\/p>\n

  \n
  • We will sell the GBP we just bought for CNY at the bid price of 9.7195 CNY\/GBP.<\/li>\n
  • The total amount of CNY we will receive is 197.19 * 9.7195 = 1,915.28 CNY.<\/li>\n<\/ul>\n

    (3)CNY to NTD:<\/p>\n

    \n
    • We will sell the CNY we just bought for NTD at the bid price of 5.125 NTD\/CNY.<\/li>\n
    • The total amount of NTD we will receive is 1,915.28 * 5.125 = 9,812.79 NTD.<\/li>\n<\/ul>\n
      \n

      \n

      The starting NTD amount was 10,000 NTD, and the final NTD amount is 9,812.79 NTD, so we made a profit of 187.21 NTD.<\/span><\/p>\n

      Therefore, by implementing the triangular arbitrage strategy, the profit made would be 187.21 NTD.<\/span><\/p>\n<\/div>\n<\/div>\n

       <\/p>\n

      2.<\/p>\n

      \n

      \n

      To determine if there is an arbitrage opportunity, we can use the cross exchange rate between EUR\/GBP to check if it matches the direct exchange rate. The cross exchange rate should be the exchange rate obtained from the direct exchange rates of the two currencies.<\/span><\/p>\n

      In this case, the cross exchange rate can be calculated as follows:<\/span><\/p>\n

      EUR\/GBP = EUR\/USD \u00f7 GBP\/USD = 1.2 \u00f7 1.4 = 0.8571<\/span><\/p>\n

      However, the direct exchange rate for EUR\/GBP is 0.8, which is lower than the calculated cross exchange rate of 0.8571. This indicates that there is an arbitrage opportunity.<\/span><\/p>\n

      Here’s how we can perform triangular arbitrage:<\/span><\/p>\n

      \n
      1. Buy euros with dollars: We can buy euros with USD at the exchange rate of EUR\/USD = 1.2. If we invest $1,000, we will get 1,000\/1.2 = 833.33 euros.<\/li>\n
      2. Buy pounds with euros: We can buy pounds with euros at the exchange rate of EUR\/GBP = 0.8. We can get 833.33 x 0.8 = 666.67 pounds.<\/li>\n
      3. Buy dollars with pounds: We can buy dollars with pounds at the exchange rate of GBP\/USD = 1.4. We can get 666.67 x 1.4 = 933.33 dollars.<\/li>\n<\/ol>\n

         At the end of this triangular arbitrage, we started with $1,000 and ended up with $933.33. This means that we made a profit of $933.33 – $1,000 = -$66.67.<\/p>\n

         Therefore, there is no arbitrage opportunity in this case, and trying to execute the arbitrage will result in a loss of $66.67.<\/p>\n<\/div>\n<\/div>\n

          <\/p>\n

         3.<\/p>\n

         (1)\u5229\u7387\u5e73\u50f9\u689d\u4ef6\u6210\u7acb\u8207\u5426\u7684\u5224\u65b7\u9700\u8981\u6bd4\u8f03\u672a\u4f86\u5229\u7387\u7684\u671f\u671b\u503c\uff0c\u800c\u4e0d\u662f\u7576\u524d\u7684\u5229\u7387\u6c34\u5e73\u3002\u6839\u64da\u5229\u7387\u5e73\u50f9\u7406\u8ad6\uff0c\u82e5\u5169\u570b\u8ca8\u5e63\u7684\u5229\u7387\u5e73\u50f9\u689d\u4ef6\u4e0d\u6210\u7acb\uff0c\u5247\u53ef\u4ee5\u901a\u904e\u5916\u532f\u5e02\u5834\u9032\u884c\u5957\u5229\u64cd\u4f5c\u3002\u5229\u7387\u5e73\u50f9\u689d\u4ef6\u662f\u6307\u5169\u500b\u570b\u5bb6\u8ca8\u5e63\u7684\u5229\u7387\u4e4b\u9593\u7684\u5dee\u7570\u61c9\u8a72\u7b49\u65bc\u9019\u5169\u500b\u570b\u5bb6\u8ca8\u5e63\u4e4b\u9593\u7684\u9060\u671f\u532f\u7387\u8207\u5373\u671f\u532f\u7387\u4e4b\u9593\u7684\u5dee\u7570\u3002
         \n\u5728\u9019\u500b\u4f8b\u5b50\u4e2d\uff0c\u672a\u4f86\u5229\u7387\u671f\u671b\u7684\u8a08\u7b97\u5982\u4e0b\uff1a<\/p>\n

         \u2022 \u53f0\u7063\u7684\u672a\u4f86\u5229\u7387\uff1a5%<\/div>\n

         \u2022 \u7f8e\u570b\u7684\u672a\u4f86\u5229\u7387\uff1a3%<\/div>\n

         \u2022 \u53f0\u5e63\u7684\u671f\u671b\u9060\u671f\u532f\u7387\uff1a30.3 NT\/US<\/div>\n

         \u2022 \u5373\u671f\u532f\u7387\uff1a30.0 NT\/US<\/div>\n

         \n

         \n

         \n

         \u6839\u64da\u5229\u7387\u5e73\u50f9\u689d\u4ef6\uff0c\u9810\u671f\u672a\u4f86\u7684\u9060\u671f\u532f\u7387\u61c9\u8a72\u7b49\u65bc\u5373\u671f\u532f\u7387\u4e58\u4ee5\uff081+\u53f0\u7063\u5229\u7387\uff09\u9664\u4ee5\uff081+\u7f8e\u570b\u5229\u7387\uff09\u7684\u6bd4\u7387\uff0c\u5373\uff1a
         \n30.5 NT\/US = 30.0 NT\/US x (1+5%)\/(1+3%)
         \n\u7136\u800c\uff0c\u9810\u671f\u672a\u4f86\u7684\u9060\u671f\u532f\u7387\u662f30.3 NT\/US\uff0c\u800c\u4e0d\u662f30.5 NT\/US\u3002\u56e0\u6b64\uff0c\u5229\u7387\u5e73\u50f9\u689d\u4ef6\u4e0d\u6210\u7acb\u3002<\/p>\n

         (2) \u672a\u62cb\u88dc\u7684\u5229\u7387\u5e73\u50f9\u7406\u8ad6\u662f\u6307\uff0c\u8ca8\u5e63\u7684\u5229\u7387\u6c34\u5e73\u61c9\u8a72\u53cd\u6620\u51fa\u8a72\u8ca8\u5e63\u7684\u9810\u671f\u5347\u503c\u6216\u8cb6\u503c\u8da8\u52e2\u3002\u5728\u9019\u7a2e\u60c5\u6cc1\u4e0b\uff0c\u7531\u65bc\u7f8e\u570b\u7684\u5229\u7387\u4f4e\u65bc\u53f0\u7063\u7684\u5229\u7387\uff0c\u56e0\u6b64\u672a\u62cb\u88dc\u7684\u5229\u7387\u5e73\u50f9\u7406\u8ad6\u8868\u660e\uff0c\u7f8e\u5143\u7684\u9810\u671f\u8cb6\u503c\u901f\u5ea6\u5c07\u9ad8\u65bc\u65b0\u53f0\u5e63\u7684\u9810\u671f\u8cb6\u503c\u901f\u5ea6\uff0c\u56e0\u6b64\u9078\u7528\u65b0\u53f0\u5e63\u5b58\u6b3e\u66f4\u6709\u5229\u3002
         \n\u56e0\u6b64\uff0c\u4f9d\u64da\u672a\u62cb\u88dc\u7684\u5229\u7387\u5e73\u50f9\u7406\u8ad6\uff0c\u61c9\u8a72\u8981\u9078\u64c7\u65b0\u53f0\u5e63\u5b58\u6b3e\u3002<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

         1. (1) NTD to GBP: We will buy GBP with <\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/edu.secda.info\/scu8154207\/index.php?rest_route=\/wp\/v2\/posts\/959"}],"collection":[{"href":"https:\/\/edu.secda.info\/scu8154207\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edu.secda.info\/scu8154207\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edu.secda.info\/scu8154207\/index.php?rest_route=\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/edu.secda.info\/scu8154207\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=959"}],"version-history":[{"count":2,"href":"https:\/\/edu.secda.info\/scu8154207\/index.php?rest_route=\/wp\/v2\/posts\/959\/revisions"}],"predecessor-version":[{"id":964,"href":"https:\/\/edu.secda.info\/scu8154207\/index.php?rest_route=\/wp\/v2\/posts\/959\/revisions\/964"}],"wp:attachment":[{"href":"https:\/\/edu.secda.info\/scu8154207\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edu.secda.info\/scu8154207\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edu.secda.info\/scu8154207\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}