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Assume the following quoted prices. Bank A: Value of euro in US dollar $1.09/EUR1 Bank B: Value of AUD In US Dollars $0.753/AUD1 BANK C:
Assume the following quoted prices. Bank A: Value of euro in US dollar $1.09/EUR1 Bank B: Value of AUD In US Dollars $0.753/AUD1 BANK C: Value of EUR in AUD $1.456/EUR 1. Given this information, if you had us 100000 to invest, how much profit you can make based on triangular Arbitrage ? A. $5485.36 B.$5530.52 C.$5808.27 D.$5842.20
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