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please answer the whole question 2. (5 pts) You observe the following quotes: MXN 1= USD 0.06(1) CAD1=USD0.76(2) CAD1=MXN12.8(3) a. Is there triangular arbitrage opportunity?
please answer the whole question 
2. (5 pts) You observe the following quotes: MXN 1= USD 0.06(1) CAD1=USD0.76(2) CAD1=MXN12.8(3) a. Is there triangular arbitrage opportunity? b. How much would the arbitrage profit be if you have \$1 million USD to start with? c. What market forces would occur to eliminate any further possibilities of triangular arbitrage Step by Step Solution
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Cryptonomics A Modern Investors Guide To Cryptocurrency Markets And Blockchain Literacy
Authors: Chris Wiser
1st Edition
1733596607, 978-1733596602
