Question: Using GBP, the cross rate for TTD/USD is calculated to be 6.8327-9174. If TTD/USD was actually quoted at 6.6514-7836, calculate how much arbitrage profit (in

Using GBP, the cross rate for TTD/USD is calculated to be 6.8327-9174.

If TTD/USD was actually quoted at 6.6514-7836, calculate how much arbitrage profit (in TTD) could be earned from USD$1,000.

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