Question: 1. Convert AUD to JPY: ----------------------------------------- | AUD 250,000 | | Conversion Rate: 100.00 JPY/AUD | | Result: JPY 25,000,000 | ----------------------------------------- 2. Convert JPY

1. Convert AUD to JPY: ----------------------------------------- | AUD 250,000 | | Conversion Rate: 100.00 JPY/AUD | | Result: JPY 25,000,000 | ----------------------------------------- 2. Convert JPY to USD: ----------------------------------------- | JPY 25,000,000 | | Conversion Rate: 150.00 JPY/USD | | Result: USD 166,666.67 | ----------------------------------------- 3. Convert USD to AUD: ----------------------------------------- | USD 166,666.67 | | Conversion Rate: 0.6500 USD/AUD | | Result: AUD 256,410.26 | ----------------------------------------- Profit Calculation: ----------------------------------------- | Initial AUD: 250,000 | | Final AUD: 256,410.26 | | Profit: 6,410.26 AUD | ----------------------------------------- Impact of Arbitrage: ----------------------------------------- | Initial Rates: | | JPY/AUD = 100.00 | | JPY/USD = 150.00 | | USD/AUD = 0.6500 | | | | After Arbitrage: | | JPY/AUD decreases | | JPY/USD increases | | USD/AUD increases |

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