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BONUS PROBLEM : Assume the following information: Quoted Bid Price Quoted Ask Price $0.67/A$ $0.69/A$ Value of an Australian dollar (A$) in $ Value of
BONUS PROBLEM : Assume the following information: Quoted Bid Price Quoted Ask Price $0.67/A$ $0.69/A$ Value of an Australian dollar (A$) in $ Value of Mexican peso in $ Value of an Australian dollar in $.074/ps $.077/ps Mexican pesos 8.2ps/AS 8.5ps/A$ Assume you have $100,000 to conduct triangular arbitrage. What will be your profit from implementing this strategy
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