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The following rates are available to you. (You may either buy or sell at these rates). Assume you have a $1,000,000 to trade. Given this

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The following rates are available to you. (You may either buy or sell at these rates). Assume you have a $1,000,000 to trade. Given this information, is triangular currency arbitrage possible? Which currency is overvalued? Which currency is undervalued? Calcul: your profit if arbitrage is possible. Show your work

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