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Value of an Australian dollar (A$) in $ $0.67 $0.69
Value of Mexican peso in $ $.074 $.077
Value of an Australian dollar in Mexican pesos 8.2 8.5
Assume you have $100,000 to conduct triangular arbitrage. What will be your profit from implementing this strategy?
A) $6,133
B) $2,368
C) $6,518
D) $13,711
Sagot :
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