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1) (4 pts) Assume the bid rate a Astralian dollar is (AUD: USD) while the ask rate is $0743 at Bank X. $0.741 What would

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1) (4 pts) Assume the bid rate a Astralian dollar is (AUD: USD) while the ask rate is $0743 at Bank X. $0.741 What would be your gain if you use $100,000 and execute locational end above the # 100poo you started with. up with over and Assume the biol rate of the Australlian doctor is 0.746 while the ask vate is $1748 at Bark Y. Given this information, arbitrage? That is, How much will you

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