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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: 124 yen/euro
If you start with 100 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 (i.e.,
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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