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. The New Zealand dollar to U.S. dollar exchange rate is 1.36 and the British pound to U.S. dollar exchange rate is 0.62. If you
. The New Zealand dollar to U.S. dollar exchange rate is 1.36 and the British pound to U.S. dollar
exchange rate is 0.62. If you find that the British pound to New Zealand dollar is trading at 0.49,
what would you do to earn a riskless profit?
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