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The Dollar to Euro spot exchange rate is $1.4909/1.00, the Dollar to Yen spot exchange Tale is $0.009346/41.00, and the Euro to Yen spot cxcliange
The Dollar to Euro spot exchange rate is $1.4909/1.00, the Dollar to Yen spot exchange Tale is $0.009346/41.00, and the Euro to Yen spot cxcliange rate is 0.00650141.00. Determine the triangular arbitrage profit that is possible if you have $8,000,000.(5 marks) The Dollar to Euro spot exchange rate is $1.4909/1.00, the Dollar to Yen spot exchange Tale is $0.009346/41.00, and the Euro to Yen spot cxcliange rate is 0.00650141.00. Determine the triangular arbitrage profit that is possible if you have $8,000,000
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