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Assume you can exchange $1 for 111.57 or 0.89 in New York. In tokyo the exchange rate is 1 = 0.008. If you have $1,100
Assume you can exchange $1 for 111.57 or 0.89 in New York. In tokyo the exchange rate is 1 = 0.008. If you have $1,100 how much profit can you earn using triangle arbitrage?
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