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Suppose the Japanese yen exchange rate is 80 = $1, and the British pound exchange rate is 1 = $1.64. a. What is the cross-rate

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Suppose the Japanese yen exchange rate is 80 = $1, and the British pound exchange rate is 1 = $1.64. a. What is the cross-rate in terms of yen per pound? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Cross-rate 131.2 b. Suppose the cross-rate is 136 = 1. What is the arbitrage profit per dollar used? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) Arbitrage profit References eBook & Resources Worksheet Dicas Section 3t2 For Type here to search 2 WERTY un s F G H

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