Question: 5 pts D Question 5 You are a U.S.-based treasurer with $1,000,000 to invest. The dollar-euro exchange rate is quoted as $1.53-1.00 and the dollar-pound

 5 pts D Question 5 You are a U.S.-based treasurer with

5 pts D Question 5 You are a U.S.-based treasurer with $1,000,000 to invest. The dollar-euro exchange rate is quoted as $1.53-1.00 and the dollar-pound exchange rate is quoted at $1.83- bank quotes you a cross rate of 1.00-1.12 how much money can an astute trader make? exchange rate is quoted at $1.83= 1 O $160,000 $67,927 ONo arbitrage is possible $41,667

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