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Question 11 (2.5 points) You have the following three quotes from three different banks. If you have USD1,000, how much can you make from this

Question 11 (2.5 points) You have the following three quotes from three different banks. If you have USD1,000, how much can you make from this arbitrage opportunity? MXN Peso; INR Indian Rupee. Bank X: MXN 17.50/USD. Bank Y: INR 85.50/USD. Bank Z: MXN 0.18/INR O $180. $175.00. $15.39. $17.50. $85.50. $137.10. $97.22. Mexican
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Question 11 (2.5 points) You have the following three quotes from three different banks. If you have USD1,000, how much can you make from this arbitrage opportunity? MXN = Mexican Peso; INR = Indian Rupee. - Bank X: MXN 17.50/USD. - Bank Y: INR 85.50/USD. - Bank Z: MXN 0.18/INR $180. $175.00. $15.39. $17.50. $85.50. $137.10. $97.22. Question 11 (2.5 points) You have the following three quotes from three different banks. If you have USD1,000, how much can you make from this arbitrage opportunity? MXN = Mexican Peso; INR = Indian Rupee. - Bank X: MXN 17.50/USD. - Bank Y: INR 85.50/USD. - Bank Z: MXN 0.18/INR $180. $175.00. $15.39. $17.50. $85.50. $137.10. $97.22

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