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You observe the following exchange rates for the Chinese yuan ( CNY ) , Swiss franc ( CHF ) , and US dollar ( USD

You observe the following exchange rates for the Chinese yuan (CNY), Swiss franc (CHF), and US dollar (USD):
1 CNY = $0.16
1 CHF = $1.10
1 CHF =6.75 CNY
To undertake a profitable triangular arbitrage transaction, you should:
Group of answer choices
Buy CHF with CNY
Buy CNY with CHF
Buy USD with CNY
Buy CHF with USD

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