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If the U.S. dollar rate for Euros is quoted as $1.30 and the U.S. dollar rate for Canadian dollars ($C) is quoted as $0.80, what
If the U.S. dollar rate for Euros is quoted as $1.30 and the U.S. dollar rate for Canadian dollars ($C) is quoted as $0.80, what must the cross rate between C$ and Euro be to prevent triangular arbitrage? Multiple Choice $C1.250 $C1.040 $C1.625 $2.100
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