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11. What arbitrage opportunity exists with the following quotes? How much profit could be made by starting amount of AUD 1,000,000? Bank A: AUD/USD =
11. What arbitrage opportunity exists with the following quotes? How much profit could be made by starting amount of AUD 1,000,000? Bank A: AUD/USD = 0.8520 0.8525 Bank B: AUD/USD = 0.8526 0.8531
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