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Consider the following exchange rates: 1 AUD = 0 . 6 GBP ( AUD / GBP ) 1 GBP = 1 7 0 JPY (
Consider the following exchange rates:
AUD GBP AUDGBP
GBP JPY GBPJPY
AUD JPY AUDJPY To identify a potential triangular arbitrage opportunity, what value of could be indicative of
such an opportunity when converting from AUD JPY GPB AUD?A
Any number less than may indicate a potential triangular arbitrage opportunity.
B
Any number larger than may indicate a potential triangular arbitrage opportunity.
C
Any number larger than may indicate a potential triangular arbitrage opportunity.
D
Any number less than may indicate a potential triangular arbitrage opportunity.
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