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Business, 31.12.2019 07:31 princesincer9256

Royal 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 $500,000 to conduct triangular arbitrage. how much will you end up with if you conduct triangular arbitrage?

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Royal bank quotes a value for the japanese yen (¥) of $0.007, and a value for the canadian dollar (c...
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