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Given the following quotations provided by two dealers, which statement from your perspective is true? Dealer 1: EUR/GBP 0.8971/0.8973 Dealer 2: EUR/GBP 0.8969/0.8970 There is no opportunity available There is a 0.045% opportunity available from buying and selling EUR There is a 0.011% opportunity available from buying and selling EUR There is a 0.033% opportunity available from buying and selling GBP There is an opportunity available, however none of the other answers are correct The following foreign exchange options are available to be bought or sold on an exchange: CAD Call Options Premium: 0.63c US CAD Put Options Premium: 0.26c US Strike Price 0.7550 USD Ignoring any time-value differences, what are the break-even points of a long straddle using the given options? A straddle will never break-even This straddle will break-even, however not at any of the spot rates given in the other answers 0.7639 and 0.7461 0.7576 and 0.7487 0.7613 and 0.7524 Comparing the following spot quotations with the given cross rate, which statement from your perspective is true? AUD/NZD 1.0946/1.0953 EUR/AUD 1.6665/1.6682 EUR/NZD 1.8028/1.8043 There is an opportunity available, however none of the other answers are correct There is no opportunity available There is a 1.01% opportunity available from triangular arbitrage There is a 1.02% opportunity available from triangular arbitrage There is a 1.10\% opportunity available from triangular arbitrage Comparing the following spot quotations with the given cross rate, which statement from your perspective is true? AUD/NZD 1.0946/1.0953 EUR/AUD 1.6665/1.6682 EUR/NZD 1.8028/1.8043 There is an opportunity available, however none of the other answers are correct There is no opportunity available There is a 1.01% opportunity available from triangular arbitrage There is a 1.02% opportunity available from triangular arbitrage There is a 1.10% opportunity available from triangular arbitrage