Determine whether arbitrage opportunities exist given the following foreign exchange rates. a. $1.8/L DM2/$ DM4/L b. 100/$
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Determine whether arbitrage opportunities exist given the following foreign exchange rates.
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a. $1.8/L DM2/$ DM4/L b. 100/$ DM2/$ 50/DM c. HKD7.8/$ 100/$ Y14/HKD
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