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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:
CNY $
CHF $
CHF 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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