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Dealer 1 offers the following exchange rates: 1 USD = 1.115 CAD 1 USD = 0.899 GBP Dealer 2 offers the following exchange rates: 1
Dealer 1 offers the following exchange rates:
1 USD = 1.115 CAD 1 USD = 0.899 GBP Dealer 2 offers the following exchange rates: 1 CAD = 0.932 GBP
What is the arbitrage profit on $1,852?
Enter your answer round off two two decimal points.
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