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Given the Following Exchange Rates, Which of the Following Choices

Question 10

Multiple Choice

Given the following exchange rates, which of the following choices represents a potentially profitable intermarket arbitrage opportunity? ¥129.87/$
Euro 1.1226/$
Euro 0.00864/¥


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

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