Arbitrary opportunities

AutoSave Of Quizi - Protected View Search File Home Insert Draw Page Layout Formulas Data Review View Help PROTECTED VIEW Be careful--files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enabled Enable Editing ho 3 fo H 1 K B C D E F G 1 Is there an arbitrage opportunity? 2 If so, explain how you as a trader who has 1M CAD would profit from the quotes below. 3 4 ARS/CAD BBD/CAD ARS/BBD 5 Argentina (ARS) 56.7833 37.3229 6 Barbados (BBD) 1.5173 37.3229 7 Canada (CAD) 56.7833 1.5173 8 9 1,000,000 CAD 10 => 11 => => 12 13 profit 14 15 16 17 18 19 20 21 Sheet1