Question

A Tunisian investor is wondering whether she can make a riskless profit giving the following quoted...


A Tunisian investor is wondering whether she can make a riskless profit giving the following quoted exchange rates. Can you help her take a decision knowing that she has 1.5 million Tunisian dinars (TND) to invest? (Ignore any transaction costs).

givin
USD/CHF: 1.0512 - 1.1212
TND/CHF: 2.999 - 3.1216
USD/TND: 0.3012 - 0.3195

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