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You have the following spot bid and ask rates between the Australian dollar (AUD), the Danish Krone (DKK), and the Japan
Posted: Mon Jan 17, 2022 8:08 am
by answerhappygod
- You Have The Following Spot Bid And Ask Rates Between The Australian Dollar Aud The Danish Krone Dkk And The Japan 1 (128.15 KiB) Viewed 51 times
You have the following spot bid and ask rates between the Australian dollar (AUD), the Danish Krone (DKK), and the Japanese yen (JPY): Bid Ask JPY 14.804/DKK JPY 14.952/DKK JPY 72.229/AUD JPY 72.955/AUD DKK 4.5722/AUD DKK 4.6182/AUD Which of the following is the closest to the arbitrage profit that is possible at these rates? a. 4.11% b. 3.70% c. 4.60% d. 4.44% e. 4.85%