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
Correct Answer:

Verified
Correct Answer:
Verified
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