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Determine the amount of arbitrage profit available from the following market conditions (show all workings)...

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Finance

Determine the amount of arbitrage profit available from the following market conditions (show all workings) starting with 10 lots in the base currency:

Given: a. Spot AUD/RUB: 79.7794

b. 6-month forward is 87.7782

c. AUD uses Actual/365 day count

d. RUB uses 30/360 day count

e. Days in this 6-month period is 182

f. AUD 1 year interest rate is 0.65%

g. RUB 1 year interest rate is 19.85%

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