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$1 0.0110 - 0.0119 $12 = 1.5690 1.5780 = 140 [Bid Rate] Calculate the implied rete and assess the Possibility of Arbitrage

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$1 0.0110 - 0.0119 $12 = 1.5690 1.5780 = 140 [Bid Rate] Calculate the implied rete and assess the Possibility of Arbitrage

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