Assume the following information Value of an Australian dollar (A$) in $ $0 67 Value of Mexican peso in $ $ 074 Value of an Australian dollar in Mexican pesos 8 2 Assume you have $100,000 to conduct triangular arbitrage What will be your profit from implementing this strategy Make sure to show your work

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Assume the following information: Value of an Australian dollar (A$) in $ $0.67 Value of Mexican peso in $ $.074 Value of an Australian dollar

Assume the following information:

Value of an Australian dollar (A$) in $	$0.67
Value of Mexican peso in $	$.074
Value of an Australian dollar in Mexican pesos	8.2

Assume you have $100,000 to conduct triangular arbitrage. What will be your profit from implementing this strategy? Make sure to show your work.

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