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Assume you have 200 and can exchange C$340 for 200. Also assume you can exchange $1 for C$1.03 and 1 for $1.61. How much arbitrage

Assume you have 200 and can exchange C$340 for 200. Also assume you can exchange $1 for C$1.03 and 1 for $1.61. How much arbitrage profit in pounds can you earn? (Ignore transaction costs.)

5.53

5.34

5.03

4.87

4.72

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