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National Bank quotes the following for the British pound and the New Zealand dollar: Assume you have $10,000 to conduct triangular arbitrage. What is your

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National Bank quotes the following for the British pound and the New Zealand dollar: Assume you have $10,000 to conduct triangular arbitrage. What is your profit from implementing this strategy? a. $77.64. b. $15.43 c. $197.53. d. $111.80 You have $1,000,000 to invest: If the US investor uses covered interest arbitrage for a 90-day investment, what will be the amount of U.S, dollars he/she will have aff days? a. $1,024,000 b. $1,069,444 c. $1,049,074

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