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Suppose the Japanese yen exchange rate is 76 = $1, and the British pound exchange rate is 1 = $1.61. Suppose the cross-rate is 127

Suppose the Japanese yen exchange rate is 76 = $1, and the British pound exchange rate is 1 = $1.61.

Suppose the cross-rate is 127 = 1. What is the arbitrage profit per dollar used?

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