Question: ( b ) Triangular arbitrage is a trading strategy that takes advantage of pricing discrepancies among three currencies to make a profit. Mr . Paul
b Triangular arbitrage is a trading strategy that takes advantage of pricing discrepancies among three currencies to make a profit. Mr Paul W an investment of $ is interested in triangular arbitrage. The RHB bank is quoting rates as given below for Euro, Australian dollar and US dollar;
tableCurrencyBank buy Australian dollars for,$
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