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You are provided with the following quotes: USD 0.70 / CAD, USD 1.66 / INR, and CAD 2.42 / INR. If there is an arbitrage
You are provided with the following quotes: USD 0.70 / CAD, USD 1.66 / INR, and CAD 2.42 / INR. If there is an arbitrage opportunity, and you have CAD 2,500, how many CAD will you have if you explore this arbitrage?
2449.82
There is no arbitrage opportunity.
None of the alternatives
5206.54
2551.20
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