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Help with the last one! Suppose the Japanese yen exchange rate is 78 = $1, and the British pound exchange rate is pound 1 =

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Help with the last one!

Suppose the Japanese yen exchange rate is 78 = $1, and the British pound exchange rate is pound 1 = $1.57. a. What is the cross-rate in terms of yen per pound? b. Suppose the cross-rate is 27 = pound 1. What is the arbitrage profit per dollar used

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