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Assume you have 260 and can exchange C$450 for 260. Also assume you can exchange $1 for C$1.06 and 1 for $1.62. How much arbitrage

Assume you have 260 and can exchange C$450 for 260. Also assume you can exchange $1 for C$1.06 and 1 for $1.62. How much arbitrage profit in pounds can you earn? (Ignore transaction costs.)

		2.44
		2.26
		2.05
		1.81
		1.63

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