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a) Gakinya is a Kenyan investor has sh100, 000 to speculate in forex market. Assume farther that quotation in foreign market are as follows: Chicago

a) Gakinya is a Kenyan investor has sh100, 000 to speculate in forex market. Assume farther that quotation in foreign market are as follows: Chicago $1.5/ euro Nairobi Kshs 75/$ London Kshs 120/euro Show how the trader can benefit inherent arbitrage opportunity

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