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Question 9 George, a resident of Sweden (Sverige), knows the following hypothetical bilateral spot exchange rates are being quoted for the Swedish Krona (SEK), the

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Question 9 George, a resident of Sweden (Sverige), knows the following hypothetical bilateral spot exchange rates are being quoted for the Swedish Krona (SEK), the US dollar (US$) and the euro (): US$/ - 1.5 SEK/ 7.0 SEK/$- 5.0 If you start with 100, the most you could end up with in a single round of triangular arbitrage would be. 99.56 10755 Campus 610714 59874

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