Te exchange rates in new york are 1 aud 1262 and 1


The exchange rates in New York are: $1 = AUD 1.262 and $1 = £0.7492

A dealer is offering a quote: AUD 1 = £0.9067.

What is the profit you can earn on $11977 using triangle arbitrage?

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Finance Basics: Te exchange rates in new york are 1 aud 1262 and 1
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