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Wou are a trader at a hedge fond trading currencies. dollare), and NZO (New Zealand dollare) are avallable, being quoted by a major bank. Assume

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Wou are a trader at a hedge fond trading currencies. dollare), and NZO (New Zealand dollare) are avallable, being quoted by a major bank. Assume you have an initial amount of a mio N20. Can you make a profit via trangular arbitrege? If so, calculate the amount of profit (give your answer to the neareat NZO) in NZO (New Zealand doliars) If not, enter zero. Number of N20 per AUD 1,0000=1,0000 Number of MYR per NZD: 2.7900=2.7950 Number of MYR per AUD 3.1210 - 3.1200

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