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Given: S$ (SINGAPORE DOLLAR)/US$ SPOT = 1.60 CAD$/USD$ SPOT = 1.33 S$/CAD$ SPOT = 1.15 What is the possible triangular arbitrage profit if you have
Given: S$ (SINGAPORE DOLLAR)/US$ SPOT = 1.60 CAD$/USD$ SPOT = 1.33 S$/CAD$ SPOT = 1.15 What is the possible triangular arbitrage profit if you have US$1,000,000 to invest.
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