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Triangular Arbitrage The Singapore dollarU.S. dollar (S$/$) spot exchange rate is S$1.60/$, the canadian dollarU.S. dollar (CD/$) spot rate is CD 1.33/$ and the S$/CD1.10.

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Triangular Arbitrage
The Singapore dollarU.S. dollar (S$/$) spot exchange rate is S$1.60/$, the canadian dollarU.S. dollar (CD/$) spot rate is CD 1.33/$ and the S$/CD1.10.
Determine the triangular arbitrage profit that is possible if you have $1,000,000.
12. Cross rate given bid-ask quotation. (Ch.5) Country Switzerland (Franc CHF Euro USD equivalent BID ASK $0.65/CHF $0.68/CHF $1.15/ $1.2/

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