Question

Subject Test Note You are attempting question lo Calculate the triangular arbitrage profit from the information provided if you have $1,000,000. Singapore dollar - US dollar spot exchange rate is S$1.8/5, Pound - US dollar £1.33/S and the S$ £1.12. A. $1,607,142.86 B. $208,378.09 C. $1.208,378.09 D. $1,800,000 Answer C D Submit​

Answer 1

Answer:

Subject Test Note You are attempting question lo Calculate the triangular arbitrage profit from the information provided if you have $1,000,000. Singapore dollar - US dollar spot exchange rate is S$1.8/5, Pound - US dollar £1.33/S and