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You have the following spot rates between the Danish krone (DKK), the Brazilian real (BRL), and the Chinese yuan (CNY): Which of the following is

You have the following spot rates between the Danish krone (DKK), the Brazilian real (BRL), and the Chinese yuan (CNY): Which of the following is the closest to the arbitrage profit that is possible at these rates? a. 13.44% b. 14.74% C. 16.12% d. 11.09% e. 12.48%

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