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Question 40 4 pts You are given the following exchange rates: Spot rate USD1.9618 / GBP CAD 1.1145/USD MXN 10.4943 / USD ZAR 6.9493/USD Where:

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Question 40 4 pts You are given the following exchange rates: Spot rate USD1.9618 / GBP CAD 1.1145/USD MXN 10.4943 / USD ZAR 6.9493/USD Where: USD - U.S. Dollar GBP - British Pound CAD- Canadian Dollar MXN - Mexican Peso ZAR South African Rand If you observe that the South African Rand is trading for CAD 0.2000/ZAR in Toronto how would you exploit the triangular arbitrage opportunity if you had USD 100,000 to Invest? [Show working as best you can

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