Suppose that the interbank forward bid for March 20 on Swiss francs is $0.7827 at the same time that the price of IMM Swiss franc futures for delivery on March 20 is $0.7795. How much of an arbitrage profit could a dealer earn per March Swiss franc futures contract of SFr 125,000

$400

Explanation:

Given:

Forward bid for March 20 on swiss franc = $0.7827

Price of IMM Swiss franc futures for delivery on March 20 = $0.7795

Required:

Find the amount of arbitrage profit a dealer could earn per March Swiss franc futures contract of SFr 125,000

To find the amount of arbitrage profit,  first find the difference between the interbank forward bid and price of IMM for delivery:

$0.7827 - $0.7795

= $0.0032

Arbitrage profit will be:

125,000 * 0.0032

=  $400

The amount of arbitrage profit a dealer could earn per March Swiss franc futures contract of SFr 125,000 is $400

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explanation:

answer; the inspector may have found some violation that could cause death or some kind of serious injury;