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A stock is currently trading at $135 in New York and EUR 100 in Paris. The current exchange rate is $1.39/EUR. What would be the

A stock is currently trading at $135 in New York and EUR 100 in Paris. The current exchange rate is $1.39/EUR. What would be the risk-free profit, in USD, to an arbitrageur who simultaneously buys 150 shares in New York and sells them in Paris in the absence of transaction costs?

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