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One peso is worth 6.20 pound and 1.48 yuan. One yuan is worth 4.73 pound. Which statement is most consistent with the triangle arbitrage equilibrium

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One peso is worth 6.20 pound and 1.48 yuan. One yuan is worth 4.73 pound. Which statement is most consistent with the triangle arbitrage equilibrium condition? the peso is undervalued relative to the yuan the peso is undervalued relative to the pound the yuan is undervalued relative to the pound Two choices, and are correct None of the A-B-C choices are correct

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