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You observe that the US dollar price of the Euro is $1.20 and the US dollar price of the Yen is $0.025. What must be
You observe that the US dollar price of the Euro is $1.20 and the US dollar price of the Yen is $0.025. What must be the exchange rate between Euro and Yen to make an exchange rate arbitrage profitable? Please discuss different. possible scenarios and show the details of your computation
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