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D Question 12 3 pts HDFC bank has currently following three quotations The cross exchange rate quoted by the bank for the Canadian dollar is
D Question 12 3 pts HDFC bank has currently following three quotations The cross exchange rate quoted by the bank for the Canadian dollar is 118.00 value for the Canadian dollar (C$) of $0.821. value for the Japanese yen () of $0.007 You have $5,000 to conduct triangular arbitrage. How much will you end up with if you conduct triangular arbitrage? $5,430.76 $5,030.45 $6,053.27 $6,090.13 Triangular arbitrage is not possible in this case
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