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The yen is priced at 104 per US dollar. The British pound is priced at $1.40 per pound. What is the exchange rate between the
The yen is priced at 104 per US dollar. The British pound is priced at $1.40 per pound. What is the exchange rate between the yen and the pound that will rule out any arbitrage profit opportunities?
144.40 per pound
145.60 per pound
146.20 per pound
146.80 per pound
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