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hurry Using the following spot exchange rates of the forex market determine the arbitrage gain/loss: The arbitrager has $100,000. Assume there are no transaction costs.
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Using the following spot exchange rates of the forex market determine the arbitrage gain/loss: The arbitrager has $100,000. Assume there are no transaction costs. Answer Choices: a. $27,581.78 b. $36,798.34 c. $78,381.10 d. $34,620.00Step by Step Solution
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