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Show that there exist a triangular arbitrage using the following information. The spot price of the Euro per Dollar is 1.0240 and the spot price
Show that there exist a triangular arbitrage using the following information. The spot price of the Euro per Dollar is 1.0240 and the spot price of the Dollar per Pound is 1.5267 and the spot price of the Euro per Pound is 1.5580. Number should be rounded to nearest four decimals
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