Why are cross currency rates of special interest when discussing inter-market arbitrage?

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Multinational Business Finance

ISBN: 978-0133879872

14th edition

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

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Question Posted: Jan 19, 2017 09:50 AM

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Why are cross currency rates of special interest when discussing inter-market arbitrage?

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Because many currencies are traded in volume against a single other currency cross rates ca...View the full answer

Multinational Business Finance

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