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Remaining Time: 48 minutes, 09 seconds. Question Completion Status: > Moving to another question will save this response Question 3 National Bank quotes the following

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Remaining Time: 48 minutes, 09 seconds. Question Completion Status: > Moving to another question will save this response Question 3 National Bank quotes the following for the British pound and the Canadian dollar: Quoted Bid Price Quoted Ask Price 51.62 Value of a British pound () in S S1.61 5.56 5.55 Value of a Canadian dollar (CS) in S CS2.96 CS2.95 Value of a British pound in Canadian dollars Assume you have $10,000 to conduct triangular arbitrage. What is your profit from implementing this strategy? TTTT Paragraph Arial 3 (12pt) ' . SE Mashups - Type here to search

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