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In New York, you can exchange $1 for 0.8355 or 0.6006. Suppose that, in Berlin, 1 costs 1.1722. How much profit can you earn on
In New York, you can exchange $1 for 0.8355 or 0.6006. Suppose that, in Berlin, 1 costs 1.1722. How much profit can you earn on $28,394 using triangle arbitrage?
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Supply Chain Finance Solutions
Authors: Erik Hofmann, Oliver Belin
1st Edition
3642175651, 978-3642175657
