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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 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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