Exchange rate of singapore dollar in usd 032 usdsgd


Assume the following information: Exchange rate of Singapore dollar in USD = 0.32 USD/SGD Exchange rate of pound in USD = 1.49 USD/GBP Exchange rate of pound in Singapore dollars = 4.8 SGD/GBP If you have 1 million USD to conduct one cycle of triangular arbitrage, what will be your profit?

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Financial Management: Exchange rate of singapore dollar in usd 032 usdsgd
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