Question $9$

Question text

Continue with the information provided in Question #$8$ above. Assume that you also observe a quoted exchange rate of $CA\frac{D}{T}HB=30\mathrm{.}0000.$ You have $$100,000$ CAD to invest. What is your potential profit from arbitrage? Question $9$Answer a$.$

$$11,651$

b$.$

$$12,651$

C$.$

$$10,151$

d$.$

$$10,651$