Assume the following information usdaud bidask 07 075, Ask an Expert

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Assume the following information: USD/AUD, bid/ask: 0.7 / 0.75 USD/MXP, bid/ask: 0.072 / 0.074 MXP/AUD, bid/ask: 8.12 / 8.41 Assume you have 1 million USD to conduct one cycle of triangular arbitrage. What will be your profit from implementing this strategy? Remember to pay careful attention whether you're trading at the bid or the ask with the bank.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92847951

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