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Suppose that 1 bitcoin trades for $ 4 4 , 0 0 0 or for EUR 4 0 , 2 1 0 . a .

Suppose that 1 bitcoin trades for $44,000 or for EUR 40,210.
a.(4 points) Is there an arbitrage opportunity at the going market USD / EUR exchange rate (please look up the value of the exchange rate on the internet)?
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