What is the profit you can earn on 23116 using triangle


The exchange rates in New York are: $1 = AUD 1.2377 and $1 = £0.8004

A dealer is offering a quote: AUD 1 = £0.88.

What is the profit you can earn on $23,116 using triangle arbitrage?

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Financial Management: What is the profit you can earn on 23116 using triangle
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