Given the folowing spot quotes : EURGBP 0 . 6 8 5 0 GBPUSD 1 . 9
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Question:
Given the folowing spot quotes :
EURGBP
GBPUSD
EURUSD
Notation "XYZABC n means one needs n units of currency ABC to buy one unit of currency XYZ
Do a triangular arbitrage starting with EUR
What is your profit in USD?
Question options:
USD
USD
There is no opportunity for arbitrage
USD
Expert Answer:
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