Question: Please explain it step by step. 9. If l illustrate a triangular arbitrage with the following diagram, it is characterized as MXN A. B. C.

Please explain it step by step. 9. If l illustrate a

Please explain it step by step.

9. If l illustrate a triangular arbitrage with the following diagram, it is characterized as MXN A. B. C. D. Indirect purchase of (with MXN) and a direct sale of $ for MXN Indirect purchase of MXN (with $) and a direct sale of MXN for Indirect purchase of MXN (with ) and a direct sale of MXN for $ Indirect purchase of (with $) and a direct sale of for MXN

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