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If ABC Bank quotes RUB/CAD bid-ask rates at 25-26 RUB/CAD, while a synthetic contract that involves USD allows you to obtain a synthetic RUB/CAD bid-ask

If ABC Bank quotes RUB/CAD bid-ask rates at 25-26 RUB/CAD, while a synthetic contract that involves USD allows you to obtain a synthetic RUB/CAD bid-ask rates of 26.2-27.2, which of the following is true:

a) Arbitrage is not possible

b) Arbitrage is possible and arbitrage strategy involves buying CAD at ABC Bank

c) Arbitrage is possible and arbitrage strategy involves buying RUB at ABC Bank

d) Arbitrage is possible; however, there is not enough information to pick one of the answers above.

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