Question
Use the following 3 quotations for the following 3 questions on triangular arbitrage Quotation 1: AUD: USD0.74942 Quotation 2: USD: JPY100 Quotation 3: AUD: JPY84
Use the following 3 quotations for the following 3 questions on triangular arbitrage Quotation 1: AUD: USD0.74942
Quotation 2: USD: JPY100
Quotation 3: AUD: JPY84 Use 4 numbers after decimal place. 1. From the first 2 quotations, what is the crossed rate for AUD1 in JPY 2. What is the correct complete trading direction for the arbitrage?
| A. AUD ==> USD ==> AUD ==>JPY | |
| B. AUD ==> USD ==> JPY ==> AUD | |
| C. AUD ==> JPY==> USD ==> AUD | |
| D. AUD ==> JPY==> USD | |
| E. JPY==> USD ==> AUD ==> USD | |
| F. JPY==> USD ==> AUD |
3. If you start with JPY 100,000,000 , what is the percentage rate of return after 1 round of arbitrage?
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Social Responsibility Audit A Management Tool For Survival
Authors: John W Humble
1st Edition
0900853522, 978-0900853524
