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Use the following 3 quotations for the following 3 questions on triangular arbitrage Quotation 1: AUD: USD0.74942 Quotation 2: HKD: USD0.12896 Quotation 3: HKD: AUD0.1800

Use the following 3 quotations for the following 3 questions on triangular arbitrage

Quotation 1: AUD: USD0.74942

Quotation 2: HKD: USD0.12896

Quotation 3: HKD: AUD0.1800

If you start with USD 1 million and follow 1 round of arbitrage, how much in USD do you end up with (including your investment of 1 million)

DONT use comma (,) in your answer. simply put, say, 12345678.

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