Question
Given the following exchange rate in Kuala Lumpur and Canberra: USD/MYR = 4.2100 (Kuala Lumpur) AUD/MYR = 2.8500 (Kuala Lumpur) USD/AUD = 1.3529 (Canberra) (a)
Given the following exchange rate in Kuala Lumpur and Canberra:
USD/MYR = 4.2100 (Kuala Lumpur)
AUD/MYR = 2.8500 (Kuala Lumpur)
USD/AUD = 1.3529 (Canberra)
(a) Determine if there is any arbitrage opportunities.
(b) Calculate the profit/ (loss) from the above triangular arbitrage assuming your investment start with MYR 3,000,000.00.
(c) Based from your answer in (b) above, which flow would you convert your investment?
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Sports Finance And Management Real Estate Entertainment And The Remaking Of The Business
Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills
1st Edition
1439844712, 9781439844717
