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In spot market, we have following quotations: S(/$) = 1200, S(/$) = 1.2, S(/) = 800 The cross-rate (/) should be ( ). If a
In spot market, we have following quotations: S(/$) = 1200, S(/$) = 1.2, S(/) = 800 The cross-rate (/) should be ( ). If a free lunch is possible, how would you proceed?
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