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Consider the spot rates between the Thai Baht (THB), the New Zealand (NZD), the Canadian Dollar (CAD): CAD0.81834/NZD THB25.8750/CAD THB20.8199/NZD Which of the following is
Consider the spot rates between the Thai Baht (THB), the New Zealand (NZD), the Canadian Dollar (CAD): CAD0.81834/NZD THB25.8750/CAD THB20.8199/NZD Which of the following is the closest to the riskless arbitrage that is possible at these rates? a. 1.7034% b. 1.6749% c. None of the options in this question. d. 0.9833%
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