Question: **Please show work so I can learn the proper steps Also this is a 2 part question. Use the following 3 quotations for the following

**Please show work so I can learn the proper steps Also this is a 2 part question.

Use the following 3 quotations for the following 3 questions on triangular arbitrage

Quotation 1: AUD: USD0.74942 Quotation 2: USD: JPY100 Quotation 3: AUD: JPY84

From the first 2 quotations, what is the crossed rate for AUD1 in JPY?

What is the correct complete trading direction for the arbitrage?

a. AUD----USD----AUD---JPY B. AUD----USD---JPY----AUD C. AUD----JPY----USD---AUD D. AUD----JPY----USD E. JPY----USD----AUD---USD F. JPY----USD----AUD

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