Question: Question One a) Briefly explain any THREE challenges experienced by firms that have gone global (Multi-national corporations and hence suggest remedial measures to each of

Question One a) Briefly explain any THREE challenges experienced by firms that have gone global (Multi-national corporations and hence suggest remedial measures to each of the problem identified in this case (6 Marks) b) Suppose the pound sterling is bid at 1.9724 in New York and the Euro is offered at 1.3450 in Frankfurt. At the same time London banks are offering the sterling pound at 1.4655 Required Show the steps that an astute trader would follow to earn a riskless profit through a triangular arbitrage. Assume the trader begins in New York with 1,000,000

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