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( a ) The following quotes for the UK pound, the US dollars, and the Japanese yen are observed on the international currency market. Assess
aThe following quotes for the UK pound, the US dollars, and the Japanese yen are observed on the international currency market. Assess if there is a triangular arbitrage opportunity. show how you will exploit this opportunity with an amount of GBP if indeed such an opportunity exists. JYGBP $GBP JY$b Assume the following quotes between the dollar and the euro in Los Ageles and Paris. Los Angeles $euro Paris euro$
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