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otnet Doop Investors react quickly and fully to the new information, causing stock prices to adjust accordingly Question 14 1.5 pts Based on the below

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otnet Doop Investors react "quickly and fully to the new information, causing stock prices to adjust accordingly Question 14 1.5 pts Based on the below 3 quotes, examine if any arbitrage gains are possible. If "yes', what is the cross-currency arbitrage opportunity for USD 1 million? USD/UK pound = 0.5591 (i.e. 1 USD = 0.5591 UK pound) UK pound/Euro = 1.4521 (i.e. 1 UK pound = 1.4521 Euro) USD/Euro = 0.8128 (i.e. 1 USD = 0.8128 Euro) O 1,532 Euro O 3,927 UK pound 0 1,147 USD 0 111,012 USD Question 15 1.5 pts 11 29 V

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