Please find a recent article online that describes an actual international finance application or a...

Question

Please find a recent article online that describes an actual international finance application or a real-world example about a specific multinational corporation’sactions that reinforces one of the following concepts (choose one):

1- arbitrage, 2- covered interest arbitrage, 3 triangular arbitrages, 4- or interest rate parity.

Post a link to the article and write a short summary (two paragraphs) of the article.

· Posting should show enough evidence of having read the paragraph

· Posting should be constructive and differences of opinion expressed in acollegialmanner.

Tanmoy · Accepted Answer

Arbitrage Opportunity
This is with respect to an incident of 10th October, 2016 which has been a strange day in the US market. It was in the year 2008 when most of the arbitrage traders made historical profits. But, its two years from 2008 and two stocks have caught the attention of the arbitrage traders. It was the Bank of America, floating rate dep share non-cumulative preferred stock, Series E (BAC-E) and Bank of America, Floating rate depreciation shares non-cumulative preferred stock series 2 (BML-H).

Please find a recent article online that describes an actual international finance application or a real-world example about a specific multinational corporation’sactions that reinforces one of the...

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