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Dealer 1 offers the following exchange rates: 1 USD = 0.971 CAD 1 USD = 1.31 GBP Dealer 2 offers the following exchange rates: 1
Dealer 1 offers the following exchange rates: 1 USD = 0.971 CAD 1 USD = 1.31 GBP Dealer 2 offers the following exchange rates: 1 GBP= 0.954 CAD What is the arbitrage profit on $51,702?
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