1 eur =1.2 usd, 1 usd=0.7 gbp. assuming that there are no transaction costs how many EUR should a GBP be equal to so as

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answerhappygod
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1 eur =1.2 usd, 1 usd=0.7 gbp. assuming that there are no transaction costs how many EUR should a GBP be equal to so as

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1 eur =1.2 usd, 1 usd=0.7 gbp. assuming that there are no transaction costs how many EUR should a GBP be equal to so as not be possible to have triangle arbitrage? solve and show me your solution. choose the closest to your results. a. 1gbp=0.84eur b. 1gbp =0.58eur, c. 1gbp =1.19 eur, d. 1gbp =1.71eur
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