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Your broker gives you the following rates for AUD, JPY, and CAD: AUD0.007/JPY, AUD0.821/CAD and JPY118?CAD. Which of the following is UNLIKELY to occur if
Your broker gives you the following rates for AUD, JPY, and CAD: AUD0.007/JPY, AUD0.821/CAD and JPY118?CAD. Which of the following is UNLIKELY to occur if the market reversess back to its equilibrium state in which there are no triangular arbitrage opportunities A) the AUD/CAD will increase B) the AUD/JPY will increase C) The JPY/CAD will increase D) nothing will change
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