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In Rio de Janiero, the Brazilian real price of a U.S. dollar is 3.64 reals. You notice that the Brazilian real price of a U.S.
In Rio de Janiero, the Brazilian real price of a U.S. dollar is 3.64 reals. You notice that the Brazilian real price of a U.S. dollar in Chicago is 3.6 reals. If you have $2,119 U.S. dollars, how much profit can you make from arbitrage in this situation?Be sure to enter two decimal places.
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