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1 usd =140 yen 1 poso =725 yen The implied cross exchange rate between dollars and pesos is 1 usd = _ pesos. (round to

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1 usd =140 yen 1 poso =725 yen The implied cross exchange rate between dollars and pesos is 1 usd = _ pesos. (round to two decimal places) QUESTION 4 If the actual exchange rate is 1 usd =20 pesos. you can earn arbitrage profits by * assume there are no transaction costs shorting the peso in the forward market shorting the yen in the forward market exchanging yen for dollars, dollars for pesos, then pesos for yen exchanging yen for pesos, pesos for dollars, then dollars for yen

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