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1. Suppose the Euro is quoted in Australia at Aus$0.7275-80 and the Aus$ is quoted in Paris at 1.3748-50. What should an Australian arbitrager do
1. Suppose the Euro is quoted in Australia at Aus$0.7275-80 and the Aus$ is quoted in Paris at 1.3748-50. What should an Australian arbitrager do to maximize his profit? What is his gain
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