Question: 1 USD = 2 0 posos; USD = 0 . 8 8 8 5 EUR Calculate the exchange rate between pesos and euros such that

1USD =20 posos; USD =0.8885EUR Calculate the exchange rate between pesos and euros such that a triangular arbitrage strategy does not earn prof 1EUR =18.52 pesos; 1EUR =1974 pesos; 1EUR =20.41 posos; 1EUR =22.56 pesos

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