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Consider the spot rates between the Thai Baht (THB), the New Zealand (NZD), the Canadian Dollar (CAD): CAD0.81834/NZD THB25.8750/CAD THB20.8199/NZD Which of the following is

image text in transcribed Consider the spot rates between the Thai Baht (THB), the New Zealand (NZD), the Canadian Dollar (CAD): CAD0.81834/NZD THB25.8750/CAD THB20.8199/NZD Which of the following is the closest to the riskless arbitrage that is possible at these rates? a. 0.9833% b. 1.7034% c. 1.6749% d. None of the options in this

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