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Question 5 QUESTION 5 What is the potential profit using triangular arbitrage and an investment of 1m given the following data? Spot rates Sterling/peso: 0.0469

Question 5

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QUESTION 5 What is the potential profit using triangular arbitrage and an investment of 1m given the following data? Spot rates Sterling/peso: 0.0469 per peso Sterling/S$: 0.4348 per Singapore $ Singapore $/peso: S$0.1092 per peso

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