Question: how to do question b and please show all steps to me with a correct answer Question 2 (33 marks) The below is a bank
Question 2 (33 marks) The below is a bank quotes about Swiss frane ("SFr"), Australian dollar ("AS") and Dollar ("S"). Ignoring transaction costs: Bequired: a. Identify and evaluane if there is any arbitrage exists with brief justification. (8 matks) b. Explain how to take advantage on the arbitrage. Stow ALL steps and estimate the risk-free profit in dollars and percen if you have $34,250.00. (25 martos)
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