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In New York, you can exchange $1 for ?0.8698 or 0.6758. Suppose that, in Berlin, 1 costs ?1.1981. How much profit can you earn on
In New York, you can exchange $1 for �0.8698 or £0.6758. Suppose that, in Berlin, £1 costs �1.1981. How much profit can you earn on $31,683 using triangle arbitrage? Enter the answer rounded o...
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
5th edition
1285425758, 978-1305333468, 1305333462, 978-1285425757
