Economy, asked by vinayakdasar5, 6 months ago

Calculate the triangular arbitrage profit from the information provided if you have
$1,000,000. Singapore dollar - US dollar spot exchange rate is S$1.8/$, Pound - US dollar
£1.33/$ and the SS/£ 1.12.
A. $1.607.142.86
B. S208,378.09
C. $1.208.378.09
D. $1,800,000

Answers

Answered by Anonymous

8

Explanation:

HEY MATE HERE IS YOUR ANSWER......

C

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