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Use the FX quotes at three different banks. Assume you have an initial $ 1 0 0 , 0 0 0 . How much of
Use the FX quotes at three different banks. Assume you have an initial $ How much of triangular? arbitrage profit loss in dollar, will you make if you start by
converting from dollar to Mexican peso? i Desert Bank MXN: ; ii Lake Bank MXN$: ; iii Mountain Bank $:
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