You are given the following exchange rate quotes in Sydney: USD/AUD 0.5300 AUD/EUR 1.6428 USD/EUR 0.8782 Calculate

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Question:

You are given the following exchange rate quotes in Sydney:

USD/AUD

0.5300

AUD/EUR

1.6428

USD/EUR

0.8782

Calculate the US dollar profit, if any, on a three-point arbitrage.

Posted Date: May 19, 2024 08:01 AM

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