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FOR THE WHOLE HOMEWORK, YOU CAN USE 4 NUMBERS AFTER DECIMAL PLACE IN YOUR CALCULATION. Use the following 3 quotations for the following 3 questions
FOR THE WHOLE HOMEWORK, YOU CAN USE 4 NUMBERS AFTER DECIMAL PLACE IN YOUR CALCULATION.
Use the following 3 quotations for the following 3 questions on triangular arbitrage
Quotation 1: AUD: USD0.74942
Quotation 2: HKD: USD0.12896
Quotation 3: HKD: AUD0.1800
What is the complete trading direction to conduct triangular arbitrage in this situation?
A. USD ==> AUD ==> HKD
B. HKD ==> USD ==> AUD
C. USD ==> AUD ==> HKD ==> USD
D. HKD ==> USD ==> AUD ==> USD
E. AUD ==> USD ==> HKD ==> AUD
F. AUD ==> HKD ==> USD ==> AUD
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