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15-03-2024
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Currently, you can exchange $1 for either #106.42 or €.7586 in New York. In Tokyo, the exchange rate is 1 €.0073. If you have $1,450, how much profit can you earn with triangle arbitrage?
Multiple Choice
a. $38.79
b. $36.75
c. $43.64
d. $32.23
e. $34.91

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