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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- USD 1280K Quotation 3: HKD: AUDO 1800 From quotation 1 and 2, what is the crossed rate for HKD1 in AUD 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 What follows is a numeric fill in the blank question with 1 blanks. If you start with USD 1 million and follow 1 round of arbitrage, how much in USD do you end up with including your investment of 1 million) DONT use comma () in your answer. simply put, say, 12345678
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