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a) Assume a cross-rate trader at Deutsche Bank notices the following quotes. Bank Credit Lyonnais Credit Agricole Barclays Bank Sport Rate 1.0240/$ - 1.0245/$ 1.5575/$

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a) Assume a cross-rate trader at Deutsche Bank notices the following quotes. Bank Credit Lyonnais Credit Agricole Barclays Bank Sport Rate 1.0240/$ - 1.0245/$ 1.5575/$ - 1.5580/$ $1.5267/ - $1.5267/ Starting with $5,000,000 how can the trader make money? (15 marks) b) What / price will eliminate the above triangular arbitrage

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