Calculate the Japanese yen British pound exchange rate, E if E $ 1 0 0 and E $ 0 5 , assumping that no arbitrage conditions hold

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Calculate the Japanese yen - British pound exchange rate, E if E $ = 1 0 0 and E $ = 0 . 5 ,

Calculate the Japanese yen

-

British pound exchange rate,

E_{\frac{}{}}

E_{\frac{}{$}} = 100

and

E_{\frac{}{$}} = 0.5,

assumping that no

-

arbitrage conditions hold?

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