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suppose following bilateral spot exchange rates are being quoted for the Afghan Afghani (AAN) Bangladeshi Taka (BDT) A Maldivian Rufiyaa (MVR) BDT MVR = 5.26

suppose following bilateral spot exchange rates are being quoted for the Afghan Afghani (AAN) Bangladeshi Taka (BDT) A Maldivian Rufiyaa (MVR) BDT MVR = 5.26 ATN MVR = 4.54 AFN |BDT = 0.88 You start with 100 MVR The most you could end up with (in MVR) in a single round of trilateral arbitrage should be

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