You have the following quotations on the Chinese yuan (CNY) against the Australian dollar (A\\$)...

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Finance

image You have the following quotations on the Chinese yuan (CNY) against the Australian dollar (A\\$) at the HSBC Bank in China and National Australia Bank in Australia. Can you make a locational arbitrage profit? If yes, calculate the arbitrage profit if you have A\\$1.64 million or CNY3.22 million. (enter the whole number without sign or symbol)

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