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You are given the following quotes: U.S.dollar/Mexican Peso=0.4637 U.S.dollar/AustralianDollar=0.6921 U.S dollar/Chinese Yuan=0.1825 What is the Chinese Yuan/AustralianDollar cross rate? How to find net float if

You are given the following quotes:

U.S.dollar/Mexican Peso=0.4637

U.S.dollar/AustralianDollar=0.6921

U.S dollar/Chinese Yuan=0.1825

What is the Chinese Yuan/AustralianDollar cross rate?

How to find net float if ABCCompany writes53checks a day for an average amount of$756each.These checks generally clear the bank in5days.In addition,the firmgenerally receives an average of$14636a day in checks that aredeposited immediately.Deposited funds are available in 1 day.

The exchange rates in New Yorkare:$1=AUD1.2591and$1=0.6047 A dealer is offering aquote:AUD1= 0.7668.What is the profit you can earn on$11515using triangle arbitrage?

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