Question: Question 18 The table below presents quotes and cross-quotes on EUR and CAD. Price for CAD in Toronto (in $) 1 CAD USD 0.855 Price
Question 18 The table below presents quotes and cross-quotes on EUR and CAD. Price for CAD in Toronto (in $) 1 CAD USD 0.855 Price for EUR in Chicago (in 5) EUR USD 1.345 Price for EUR in Paris (in CAD) 1 EUR CAD 1.557 If all traders use triangular arbitrage to maximize profits, then the dollar price of EUR for the Chicago dealer will.. the CAD price of EUR for the Paris dealer will and the dollar price of CAD for the Toronto dealer will O Increase: Increase: decrease. O decrease: Increase: increase O increase: decrease; decrease O decrease; decrease; Increase wwwwwww
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