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( b ) Triangular arbitrage is a trading strategy that takes advantage of pricing discrepancies among three currencies to make a profit. Mr . Paul

(b) Triangular arbitrage is a trading strategy that takes advantage of pricing discrepancies among three currencies to make a profit. Mr. Paul W an investment of $100,000 is interested in triangular arbitrage. The RHB bank is quoting rates (as given below) for Euro, Australian dollar and US dollar;
\table[[Currency,],[Bank buy Australian dollars for,$0.61
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