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Assume the exchange rates in New York for $1 are C$1.1382 and .6387 while in Toronto, C$1 will buy .5612. How much profit can you

Assume the exchange rates in New York for $1 are C$1.1382 and .6387 while in Toronto, C$1 will buy .5612. How much profit can you earn on $10,000 using triangle arbitrage?

$.91

$1.08

$.97

$1.03

$1.11

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