The exchange rates in New York for $1 are C$1.1735 and 0.8861. A dealer is offering the
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The exchange rates in New York for $1 are C$1.1735 and £0.8861. A dealer is offering the following quote: C$1 will buy £0.8977. What is the profit you can earn on $18,543 using triangle arbitrage?
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Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science
ISBN: 978-0324656633
5th edition
Authors: Cliff T. Ragsdale
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