Question: 2. Triangular arbitrage. Please identify a strategy to get profit by using the above exchange rates. Assume that you can borrow $10.000. Value of

2. Triangular arbitrage. Please identify a strategy to get profit by using

2. Triangular arbitrage. Please identify a strategy to get profit by using the above exchange rates. Assume that you can borrow $10.000. Value of a British pound in U.S. dollars Value of a Malaysian ringgit (MYR) in U.S. dollars Value of a British pound in Malaysian ringgit (MYR) QUOTED BID PRICE $1.60 $.200 MYR8.10 QUOTED ASK PRICE $1.61 $.201 MYR8.20

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