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You are given the following spot exchange rates: $1 35 francs, $1 45 schillings, and 1franc5 2 schillings. Ignoring transaction costs, how much profit could
You are given the following spot exchange rates: $1 35 francs, $1 45 schillings, and 1franc5 2 schillings. Ignoring transaction costs, how much profit could a person make via three-point arbitrage?
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