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Given the Following Exchange Rates, Which of the Multiple-Choice Choices

Question 68

Multiple Choice

Given the following exchange rates, which of the multiple-choice choices represents a potentially profitable intermarket arbitrage opportunity?
¥129.87/$
€1) 1226/$
€0) 00864/¥


A) ¥115.69/€
B) ¥114.96/€
C) $0.8908/€
D) $0.0077/¥

Correct Answer:

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