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Can somebody please help me out with this porblem + 44. Assume the following information: Quoted Bid Price Quoted Ask Price Value of an Australian
Can somebody please help me out with this porblem
+ 44. Assume the following information: Quoted Bid Price Quoted Ask Price Value of an Australian dollar (A$) in $ $0.67 $0.69 Value of Mexican peso in $ $.074 $.077 Value of an Australian dollar in Mexican pesos 8.2 8.5 Assume you have $100,000 to conduct triangular arbitrage. What will be your profit from implementing this strategyStep by Step Solution
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