Take the following two exchange rates and compute the, Financial Management

Take the following two exchange rates and compute the

1. Take the following two exchange rates and compute the INR/EUR cross exchange rate. USD.0825/INR and EUR.8150/USD

2. In the previous question, if there is a direct cross exchange rate of INR 13.94/ EUR, is there a triangular arbitrage opportunity? If yes, start with $50,000 and indicate how much triangular arbitrage profit exists for 1 trip around the triangle.

Please explain it step by step.

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Financial Management: Take the following two exchange rates and compute the

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Financial Management: Take the following two exchange rates and compute the

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