Question: Question 2 --Mr. Abdullah is a forex dealer. He makes profit using arbitrague process. Now he has AUD 100000 and he wants to make a

Question 2 --Mr. Abdullah is a forex dealer. He makes profit using arbitrague process. Now he has AUD 100000 and he wants to make a profit by conversion of the available currency with Indian Rupees and US dollars. The following quotes are available AUD/INR = 0.02054 INR/NZD = 45.7787 AUD/NZD = 0.94047 You are required to find out the arbitrage possibilities for the above quotes with Australian Currency (6 Marks) You are also required to explain the arbitrague process followed in the above case in your own words. (4 Marks)

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