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One peso is worth 5.20 yuan and 1.17 pound. One pound is worth 3.97 yuan. Which statement is most consistent with the triangle arbitrage
One peso is worth 5.20 yuan and 1.17 pound. One pound is worth 3.97 yuan. Which statement is most consistent with the triangle arbitrage equilibrium condition? the peso is undervalued relative to the pound the peso is overvalued relative to the yuan the pound is undervalued relative to the yuan Two choices, A and B, are correct The three A-B-C choices are all correct L Moving to another question will save this response.
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