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You observe the following three bid-ask quotes from three banks. Is it possible to make money No, there is no arbitrage profit Yes, start with

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You observe the following three bid-ask quotes from three banks. Is it possible to make money No, there is no arbitrage profit Yes, start with USD; sell USD to Bank B; Buy GBP from Bank C; Buy USD from Bank A. Yes, start with EUR; Buy USD from Bank B; Sell USD to Bank A; Sell GBP to Bank C. None of the other answers

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