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Singapore: 1 2 4 yen / euro If you start with 1 0 0 euro ( ) and want to end up with euros, how
Singapore: yeneuro
If you start with euro and want to end up with euros, how would you engage in
arbitrage to profit from these three rates? What is your profit for one series of trade ie
trading in each market one time only State clearly where and how much you would
buy sell for each pair of currencies.
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