Question: 2. Find an arbitrage trade: Show your work using a $1 million initial investment for each example. A. CNY USD8.0 SGD USD 13 CNY SGD6.0

CNY SGD6.0 B. PY:USD 110.0 MXP:USD 18.0 PY:MXP 7.0 C. EUR:USD0.90 GBP:USD

2. Find an arbitrage trade: Show your work using a $1 million initial investment for each example. A. CNY USD8.0 SGD USD 13 CNY SGD6.0 B. PY:USD 110.0 MXP:USD 18.0 PY:MXP 7.0 C. EUR:USD0.90 GBP:USD 0.64 EUR:GBP 1.50

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