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Business, 09.03.2020 21:50 benchang531
Hewitt Bank quotes a value for the Japanese yen (¥) of $0.007, and a value for the Canadian dollar (C$) of $0.821. The cross exchange rate quoted by the bank for the Canadian dollar is ¥118.00. You have $5,000 to conduct triangular arbitrage. How much will you end up with if you conduct triangular arbitrage?
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Hewitt Bank quotes a value for the Japanese yen (¥) of $0.007, and a value for the Canadian dollar (...
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