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What is the calculation to get 129,716? Travelex Australia provides the following three exchange rates. You assume that there is a triangular arbitrage profit opportunity

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What is the calculation to get 129,716?

Travelex Australia provides the following three exchange rates. You assume that there is a triangular arbitrage profit opportunity exists based on the following three quotations. Calculate the arbitrage profit if you have A\\$1.18 million or MYR2.79 million or CNY3.13 million

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