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1 USD = 2 0 posos; USD = 0 . 8 8 8 5 EUR Calculate the exchange rate between pesos and euros such that

1

USD

= 20

posos; USD

= 0.8885

EUR Calculate the exchange rate between pesos and euros such that a triangular arbitrage strategy does not earn prof

1

EUR

= 18.52

pesos;

1

EUR

= 19 74

pesos;

1

EUR

= 20.41

posos;

1

EUR

= 22.56

pesos

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