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The Canadian dollar/U.S. dollar spot exchange rate is C$1.68/US$, the Singapore dollar/U.S. dollar spot rate is S$1.25/U

Posted: Wed Mar 09, 2022 8:40 am
by answerhappygod
The Canadian dollar/U.S. dollar spot exchange rate is
C$1.68/US$, the Singapore dollar/U.S. dollar spot rate is
S$1.25/US$, and the Canadian dollar/Singapore dollar spot rate is
C$1.20/S$. If you have US$5,000, what is your triangular arbitrage
profit in US dollars?