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Assume that there is no transaction cost and you observe the following quotation: 1. HKD: USD 0.1250 2. USD: JPY 116.20 3. JPY: HKD 0.062

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Assume that there is no transaction cost and you observe the following quotation: 1. HKD: USD 0.1250 2. USD: JPY 116.20 3. JPY: HKD 0.062 Which is the correct way to conduct Triangular Arbitrage? O A. HKD --> USD --> JPY OB. HKD --> USD --> JPY --> HKD C. HKD -> JPY --> USD OD. HKD -> JPY --> USD --> HKD Reset Selection

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