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Currently, you can exchange $1 for either #106.81 or .7604 in New York. In Tokyo, the exchange rate is /.0074. If you have $1,600, how
Currently, you can exchange $1 for either #106.81 or .7604 in New York. In Tokyo, the exchange rate is \/.0074. If you have $1,600, how much profit can you earn with triangle arbitrage? Multiple Choice $70.12 $58.26 $63.11 $78.89 $66.43
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