You are quoted the following exchange rates from three different banks: You have $100,000 available. What is your profit from a triangular arbitrage transaction? (a) -$9,000 (b) $9, 890 (c) $115, 384 (d) There is no arbitrage opportunity The Asian financial crisis which began in July 1997 wreaked havoc throughout the currency markets of East Asia. Use the following information to answer the next questions: From July 1997 to November 1997, Thai baht had (a) appreciated 56.0% (b) appreciated 35.9% (c) appreciated 35.9% (d) appreciated 56.0%