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9. Determine if there is any arbitrage opportunity for profit in the following markets. List out the specific the steps you are going to carry

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9. Determine if there is any arbitrage opportunity for profit in the following markets. List out the specific the steps you are going to carry out to lock in the profit, using EUR 50 million to start. EUR interest rate 0.40%/0.50% INR interest rate 7.10%/7.30% EURINR Spot 79.25/79.35 1-year EURINR Forward 84.10/84.50

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