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Please solve and show ALL work. Citibank quotes $1.92/pound; UBS quotes euro 1.50 pound; Deutsche Bank quotes $1.15/euro. Can you profit from these rates? If

Please solve and show ALL work.

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Citibank quotes $1.92/pound; UBS quotes euro 1.50 pound; Deutsche Bank quotes $1.15/euro. Can you profit from these rates? If so, describe your steps and calculate your profit in dollars with $1,000,000 investment

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