Question: please solve this.. TRIANGULAR ARBITRAGE Given BID/ASK QUOTES AS FOLLOWS: BID ASK CAD/GBP 1.68 1.70 CAD/EURO 1.43 1.45 EURO/GBP 11.13 11.15 If you had CAD$100,000,

please solve this.. TRIANGULAR ARBITRAGE Given BID/ASK QUOTES AS FOLLOWS: BID

please solve this..

TRIANGULAR ARBITRAGE Given BID/ASK QUOTES AS FOLLOWS: BID ASK CAD/GBP 1.68 1.70 CAD/EURO 1.43 1.45 EURO/GBP 11.13 11.15 If you had CAD$100,000, how much money can you make by doing a triangular arbitrage? Hint: Start with CAD. Do your round trip buy/sell and end with CAD

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