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. Assume you can buy 52 British pounds with 100 Canadian dollars. How much profit can you earn on a triangle arbitrage given the

. Assume you can buy 52 British pounds with 100 Canadian dollars. How much profit can you earn on a triangle arbitrage given the following rates if you start out with 100 U.S. dollars? COUNTRY Canada US$ Equivalent Currency per US $ ? 1.2103 UK ? 0.6211

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