Question: Using cross rate arbitrage. I have 10,000 USD at no cost and find that CAD/USD= 0.80 and that USD/GBP= 1.4 a. calculate arbitrage profit b.

Using cross rate arbitrage. I have 10,000 USD at no cost and find that CAD/USD= 0.80 and that USD/GBP= 1.4

a. calculate arbitrage profit

b. calculate the arbitrage loss

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