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FX RATES CURRENCY VALUE EUR-USD 1.0738 USD-JPY 111.47 GBP-USD 1.1475 AUD-USD 0.5762 USD-CAD 1.4542 EUR-JPY 121.00 Describe the trades in EURUSD, USDJPY, and EURJPY one
FX RATES | |||
CURRENCY | VALUE |
|
|
EUR-USD | 1.0738 |
|
|
USD-JPY | 111.47 |
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|
GBP-USD | 1.1475 |
|
|
AUD-USD | 0.5762 |
|
|
USD-CAD | 1.4542 |
|
|
EUR-JPY | 121.00 |
|
|
Describe the trades in EURUSD, USDJPY, and EURJPY one would do to earn a riskless profit (arbitrage): Limit order: Buy 100 shares at 99.00
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