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Problem 1 1) Bid Ask (20pts) 1.13$/ 1.155/ 45$/NZ$ 46$/NZ$ 2.80 NZ$ 2.82 NZS/ Assume you have $100.000 to conduct triangular arbitrage. What is your

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Problem 1 1) Bid Ask (20pts) 1.13$/ 1.155/ 45$/NZ$ 46$/NZ$ 2.80 NZ$ 2.82 NZS/ Assume you have $100.000 to conduct triangular arbitrage. What is your profit from implementing this strategy? Show your work. Verdana 11 pt BIVA IX * EN 2 : iii 111

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