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Urgent!!! please answer quickly I will upvote MAUBANK Berhad quotes the following for the British pound and the Australian dollar: Value of a British pound
Urgent!!! please answer quickly I will upvote
MAUBANK Berhad quotes the following for the British pound and the Australian dollar: Value of a British pound () in $ Value of a British pound in Australian dollars Value of an Australian dollar (AUS$) in $ $1.72 AUS$2.99 $0.63 i) Indicate whether there is any arbitrage opportunity. (4 marks) ii) Compute the profit from the triangular arbitrage if the investor has $100,000. (10 marks)
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