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If the direct rate for French francs (FF) is $.143 and the direct rate for Australian dollars (A$) is $0.44, what must the cross rate
If the direct rate for French francs (FF) is $.143 and the direct rate for Australian dollars (A$) is $0.44, what must the cross rate between A$ and FF be to prevent triangular arbitrage? Multiple Choice FF0.063 FF0.325 FF3.08 FF15.89
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