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Consider the following information given by dealers (direct quotes in each country): 1122 (Won/$); 7.2500 (Yuan/$); and 178 (Won/Yuan). Are there Triangular Arbitrage profits? If
Consider the following information given by dealers (direct quotes in each country): 1122 (Won/$); 7.2500 (Yuan/$); and 178 (Won/Yuan). Are there Triangular Arbitrage profits? If so, specify the profits.
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