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Based on the following information, is there an arbitrage opportunity? If yes, what is the profit in terms of a percentage? For the euro, Bank
Based on the following information, is there an arbitrage opportunity? If yes, what is the profit in terms of a percentage? For the euro, Bank A: $1.2-1.23 Bank B: $1.25-1.28 Select one:
a. Yes, 1.57%.
b. No.
c. Yes, 1.68%.
d. Yes, 1.63%.
e. Yes, 1.52%
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