Given the Following Rates,what Arbitrage Profit May Be Made with Respect

question 66

Multiple Choice

Given the following rates,what arbitrage profit may be made with respect to the Australian dollar?
USD 1 = AUD 1.70
USD 1 = SGD 1.70
AUD 1 = SGD 0.96

• A) 0.1753 cents
• B) 0.5882 cents
• C) 1.7526 cents
• D) 5.882 cents

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