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You bank quotes you the following currency prices: Spot rate: USD 1.10 / EUR Spot rate: EUR 100 / JPY Spot rate: JPY 0.01 /
You bank quotes you the following currency prices:
Spot rate: USD 1.10 / EUR
Spot rate: EUR 100 / JPY
Spot rate: JPY 0.01 / USD
What is your arbitrage profit in EUR if you start with EUR 1,000,000?
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