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suppose the spot exchange rates are yen 102= $1 and euro =$1.57. also suppose the cross rate is yen 159= euro 1. what is the
suppose the spot exchange rates are yen 102= $1 and euro =$1.57. also suppose the cross rate is yen 159= euro 1. what is the arbitrage profit per one US dollar? a. $.0072 b. $.0106 c. $.0164 d. $.0148 e. $.0057
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