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Suppose the spot direct quotes for the Japanese yen and Australian dollar are $.004536-68 and $.5445-72, respectively. What is the direct quote for Japanese yen

Suppose the spot direct quotes for the Japanese yen and Australian dollar are $.004536-68 and $.5445-72, respectively. What is the direct quote for Japanese yen in Sydney?

Suppose one observed the following direct spot quotations in New York and Bern respectively: 0.2012-45 and 4.9922-50. Arbitrage profits per $1 million equal

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