Question: the answer states that, it is not possible as the exchange rates are equal throughout the finanical centre. Can i know with workings, how did

the answer states that, it is not possible as the exchange

the answer states that, it is not possible as the exchange rates are equal throughout the finanical centre. Can i know with workings, how did that answer statement came about

2. The following exchange rates are quoted simultaneously in Sydney, Frankfurt and Zurich: AUD/EUR 1.6400 CHFIAUD 0.8700 CHFIEUR 1.4600 (a) Is there a possibility for two-point arbitrage? 2. The following exchange rates are quoted simultaneously in Sydney, Frankfurt and Zurich: AUD/EUR 1.6400 CHFIAUD 0.8700 CHFIEUR 1.4600 (a) Is there a possibility for two-point arbitrage

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