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Question 8 Suppose you observe the following exchange rates in the foreign exchange markets: $ 1 = $ 1 2 9 . 1 2 ,
Question Suppose you observe the following exchange rates in the foreign exchange markets: $$$ and Japanese yen and euro cross rate as Suppose you have $ in your pocket. What is your arbitrage profit, if any? Hint: Arbitrage profle cannot be a negative amount. Please write the $ Euro, and JPY before or after the amount or the rate to indicate which rate or which currency you are talking about.
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Suppose you observe the following exchange rates in the foreign exchange markets:
$$$ and Japanese yen and euro cross rate as
Suppose you have $ in your pocket. What is your arbitrage profit, if any? Hint: Arbitrage profle cannot be a negative amount.
Please write the $ Euro, and JPY before or after the amount or the rate to indicate which rate or which currency you are talking about.
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