Next Page\ Page 10 of 10\ Question 10 (1 point)\ Suppose the Euro is quoted in Australia at Aus

$0.7275-80

and the Aus

$

is quoted in Paris at

1.3748-50

. What should an Australian arbitrager do to maximize his profit?\ A) Buy Euro at Aus

$(1.3750)/()

and sell it at

0.7275

/ Aus $\ B) Buy Aus

$

at

(0.7280)/()

Aus

$

and sell it at Aus

$(1.3748)/()

\ C) None of them\ D) Buy Euro at

(1.3748)/()

Aus

$

and sell it at Aus

$(0.7275)/()

\ E) Buy Aus

$

at Aus

$(0.7280)/()

and sell it at

(1.3750)/()

Aus

$

Ruestion 10 (1 point) Suppose the Euro is quoted in Australia at Aus $0.727580 and the Aus $ is quoted in Paris at 1.374850. What should an Australian arbitrager do to maximize his profit? A) Buy Euro at Aus $1.3750/ and sell it at 0.7275/ Aus $ B) Buy Aus $ at 0.7280/ Aus $ and sell it at Aus $1.3748/ C) None of them D) Buy Euro at 1.3748/ Aus $ and sell it at Aus $0.7275/ E) Buy Aus $ at Aus $0.7280/ and sell it at 1.3750/ Aus $