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Question 1 Find the no-arbitrage cross exchange rate. The dollar-euro exchange rate is quoted as quoted as $1.65 = 1.00 and the dollar-pound exchange

Question 1 Find the no-arbitrage cross exchange rate. The dollar-euro exchange rate is quoted as quoted as $1.65 = 1.00 and the dollar-pound exchange rate is quoted at $2.001.00.

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