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Question 8 Assume the following information: Quoted Bid Price Quoted Ask Price Value of an Australian dollar (AS) in $ $0.67 $0.69 Value of Mexican
Question 8 Assume the following information: Quoted Bid Price Quoted Ask Price Value of an Australian dollar (AS) in $ $0.67 $0.69 Value of Mexican peso in s 5.074 5.077 Value of an Australian dollar in Mexican pesos 8.5 Assame you have $40,000 to conduct triangulur arbitrage. What will be your profit from implementing this strategy? $2,453 b. 55214 c. 5947 d. None of these For the toolbar press ALT+F10 (PC or ALT-FN*F10 (Mac). BI U $ Paragraph Arial 14px iii > ili
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