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Great Pyramids. Inspired by his recent trip to the Great Pyramids. Citibank trader Ruminder Dhilo wonders if he can make an intermarket arbitrage profit using

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Great Pyramids. Inspired by his recent trip to the Great Pyramids. Citibank trader Ruminder Dhilo wonders if he can make an intermarket arbitrage profit using Libyar dinars (LYD) and Saucli riyals (SARI. He has USD 1.000.000 to work with so he gathers the following quoles. Is there an opportunity for an arbitrage profit? Cilibank quolcs U.S. dollar per Libyan dirian $1.9009 = LYD 1,00 National Bank of Kuwait quolus Saudi Riyal per Libyan dinar SAR 1 557 1 YD 100 Barclays quotes U.S. klar x Saudirlyal $0.2522 - SAR 1.00 Calculate the profit loss) from the intermarket arbitrage profit through ath #1 below Round to the nearest cent Path #1: US$ to riyals to dinars to US$ 1.000.000.00 SAR Start with USS Curiert loriyals al Barclays Quote Convert riyals to dinars at NatBank of Kuwait quote Convert dinars to US$ at Citibank quote Arbitrage gain (1063) LYD $ Calculate the protitoss) from the Intermarket arbitrage proht through path 2 below: Round to the nearest cent.) S 1,000,000.00 Path #2: US$ to dinars to riyals to US$ Start with uss Convert to dinars at Citibank quote Convert dinars to niyals at NatBank of Kuwait quote LYD SARI Enter any number in the edil fields and then continue lo the next cuestion Great Pyramids. Inspired by his recent trip to the Great Pyramids. Citibank trader Ruminder Dhilo wonders if he can make an intermarket arbitrage profit using Libyar dinars (LYD) and Saucli riyals (SARI. He has USD 1.000.000 to work with so he gathers the following quoles. Is there an opportunity for an arbitrage profit? Cilibank quolcs U.S. dollar per Libyan dirian $1.9009 = LYD 1,00 National Bank of Kuwait quolus Saudi Riyal per Libyan dinar SAR 1 557 1 YD 100 Barclays quotes U.S. klar x Saudirlyal $0.2522 - SAR 1.00 Calculate the profit loss) from the intermarket arbitrage profit through ath #1 below Round to the nearest cent Path #1: US$ to riyals to dinars to US$ 1.000.000.00 SAR Start with USS Curiert loriyals al Barclays Quote Convert riyals to dinars at NatBank of Kuwait quote Convert dinars to US$ at Citibank quote Arbitrage gain (1063) LYD $ Calculate the protitoss) from the Intermarket arbitrage proht through path 2 below: Round to the nearest cent.) S 1,000,000.00 Path #2: US$ to dinars to riyals to US$ Start with uss Convert to dinars at Citibank quote Convert dinars to niyals at NatBank of Kuwait quote LYD SARI Enter any number in the edil fields and then continue lo the next cuestion

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