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4) You find the following exchange values for these two currencies: USD / Pound = $1.25 and euro /pound = $1.20 a) What is the

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4) You find the following exchange values for these two currencies: USD / Pound = $1.25 and euro /pound = $1.20 a) What is the USD/ euro exchange cross rate? b) If USD / euro is trading at 1.06 in the exchange, which currency is overvalued? c) If you start with $1mm USD, what triangular arbitrage profit you can make

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