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Suppose the Japanese yen exchange rate is 82 = $1, and the British pound exchange rate is 1 = $1.47. What is the cross-rate in
Suppose the Japanese yen exchange rate is 82 = $1, and the British pound exchange rate is 1 = $1.47.
What is the cross-rate in terms of yen per pound? Round to 2 decimal places
Suppose the cross-rate is 124 = 1. What is the arbitrage profit per dollar? Round to 4 decimal places
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