Please find the ASK cross-exchange rate for Australian dollars priced in euro? Hint Find the price that a currency dealer will take in euro to sell Australian dollars a. 0.6181/AUD b. 0.6191/AUD c. 0.6104/AUD d. 0.6094/AUD

The flowing exchange rates: 1 = $,85; F1 = $1,60; and 2.00 = 1.00. Investor has $1,000,000, how can investor make money a. Start with euros; exchange for pounds; exchange for dollars; exchange for euros b. No arbitrage profit is possible c. The investor exchanged for euros at 1 = $.85, exchange for pounds at 2.00 = 1.00, exchange for dollars at 1 = $1.60 d. The investor exchanged for pound f1 = $1,60, then buy at 2 = 1.00, and exchange to dollars