Question
Suppose the following exchange rates are available: Australian Dollar (AUS$) per US dollar = AUS$1.7974/US$ Canadian dollars per US dollar = C$1.5128/US$ Australian Dollar per
- Suppose the following exchange rates are available:
Australian Dollar (AUS$) per US dollar = AUS$1.7974/US$
Canadian dollars per US dollar = C$1.5128/US$
Australian Dollar per Canadian dollar = AUS$1.2344/C$
- Assume you are an Australian trader with AUS$1,000,000. What will you do?
o What is the amount of the profit or loss of the transaction?
- When will the arbitrage stop?
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Cryptocurrency Trading From Beginner To Advanced
Authors: Jim Hoffer
1st Edition
1774341247, 978-1774341247
