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You observe the following exchange rates in the market. 1 euro = $1.30 1 British pound (BP) = $1.45 1 BP = 1.05 euro Show

You observe the following exchange rates in the market. 1 euro = $1.30 1 British pound (BP) = $1.45 1 BP = 1.05 euro Show how to make an arbitrage gain using triangular arbitrage strategy. Assume that you have $2,000

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