Question: Please show work 1) Triangular Arbitrage: The exchange rate for the US and Canada is currently quoted at 0.993 - 0.995 S/Cdn $. The exchange

Please show work

Please show work 1) Triangular Arbitrage: The exchange rate for the US

1) Triangular Arbitrage: The exchange rate for the US and Canada is currently quoted at 0.993 - 0.995 S/Cdn $. The exchange rate between the US and the Mexican peso is quoted at 0.0832 -0.0835 $/peso. What peso/Cdn$ exchange rates do not allow arbitrage? 1) Triangular Arbitrage: The exchange rate for the US and Canada is currently quoted at 0.993 - 0.995 S/Cdn $. The exchange rate between the US and the Mexican peso is quoted at 0.0832 -0.0835 $/peso. What peso/Cdn$ exchange rates do not allow arbitrage

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