Question: Evaluate the arbitrage opportunity with the triangular arbitrage methods for the following currency pairs and identify the preferred direction of trade Bid Ask BRLUSD 0.3041

Evaluate the arbitrage opportunity with the triangular arbitrage methods for the following currency pairs and identify the preferred direction of trade

Bid Ask
BRLUSD 0.3041 0.3045
AUDUSD 0.7642 0.7645
BRLAUD 0.3856 0.3858

calculate both directions and provide the answers. In your answer below, you could provide a 3x3 table (see the top right corner of the text box) and add the following:

Calculation Preferred direction (Y/N)
Direction 1 answer answer
Direction 2 answer answer

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