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What is the calculation to get 187,641? You have the following financial market information. You also have 1.57 million Australian dollar (A$) or 3.51 million

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What is the calculation to get 187,641?

You have the following financial market information. You also have 1.57 million Australian dollar (A\\$) or 3.51 million Thai baht (THB) to make a profit due to covered interest arbitrage (CIA). Calculate the profit in \\( \\mathrm{A} \\$ \\) or THB if the CIA opportunity exists in the market

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