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Assume That You Can Buy 205 Australian Dollars (A$) with 100

Question 115

Multiple Choice

Assume that you can buy 205 Australian dollars (A$) with 100 United Kingdom pounds (GBP) . How much profit can you earn on a triangle arbitrage given the following rates if you start out with 100 GBD? Assume that you can buy 205 Australian dollars (A$) with 100 United Kingdom pounds (GBP) . How much profit can you earn on a triangle arbitrage given the following rates if you start out with 100 GBD? A) .61 GBP B) .73 GBP C) .77 GBP D) .84 GBP E) .88 GBP


A) .61 GBP
B) .73 GBP
C) .77 GBP
D) .84 GBP
E) .88 GBP

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