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Assume the euro/dollar exchange rate quoted in Tokyo at 6 a.m. is 1 = $1.00. If the New York euro/dollar exchange rate at the same

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Assume the euro/dollar exchange rate quoted in Tokyo at 6 a.m. is 1 = $1.00. If the New York euro/dollar exchange rate at the same time (5 p.m. New York time) is 1 = $1.35, a dealer could make a profit through Multiple Choice o O currency swap. o o carry trade o forward exchange o countertrade

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