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Intro You have $26,000 and observe the following exchange rates: Exchange rate Value of yen in U.S. dollars $0.008 Value of Canadian dollar in U.S.

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Intro You have $26,000 and observe the following exchange rates: Exchange rate Value of yen in U.S. dollars $0.008 Value of Canadian dollar in U.S. dollars Value of yen in Canadian dollars C$0.0111 Bid Ask $0.0081 $0.77 $0.76 C$0.0113 Part 1 Attempt 1/10 for 10 pts What is your profit from exploiting the opportunity once (in %)? 0+ decimals Submit

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