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Suppose you observe the following exchange rates: C1 = $1.25; 1 = $2.00. 1- Calculate the le cross rate 2 Marks 2- Calculate / cross

Suppose you observe the following exchange rates: C1 = $1.25; 1 = $2.00. 1- Calculate the le cross rate 2 Marks 2- Calculate / cross rate 2 Marks 3- Define Arbitrage 2 Marks

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