Question: You are a U . S based Treasurer with $ 1 0 0 0 0 0 0 to invest. The dollar - euro exchange rate

You are a U.S based Treasurer with $1000000 to invest. The dollar-euro exchange rate is wuoted as $1.60/1.00 and the dollar pound exchange rate is quoted at $2.00/1.00. If a bank quotes you a cross rate if 1.20/1.00 how can you make money

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