5 Royal Bank of Canada quotes C$1 US$ 0 7265 Citibank quotes A$ 1 US$0 6980, ANZ bank quotes A$ 1 C$0 9350 a If these quotes are simultaneously observed spot rates, can you make an arbitrage profit If so, calculate what profit would you make if you started with AS 1 million Assume that there are n...

Arbitrage Calculation with and without Transaction Costs a Without Transaction Costs Step ...

5. Royal Bank of Canada quotes C$1 = US$ 0.7265. Citibank quotes A$ 1 = US$0.6980,...

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5. Royal Bank of Canada quotes C$1 = US$ 0.7265. Citibank quotes A$ 1 = US$0.6980,...

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