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Suppose the Japanese yen exchange rate is 85 = $1, and the British pound exchange rate is 1 = $1.53. Suppose the cross-rate is 133
Suppose the Japanese yen exchange rate is 85 = $1, and the British pound exchange rate is 1 = $1.53.
Suppose the cross-rate is 133 = 1. What is the arbitrage profit per dollar used?
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Principles Of Commodity Economics And Finance
Authors: Daniel P. Ahn
1st Edition
0262038374, 9780262038379
