Assume you can buy 52 British pounds with 100 Canadian dollars. How much profit can you earn on a triangle arbitrage giv

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answerhappygod
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Assume you can buy 52 British pounds with 100 Canadian dollars. How much profit can you earn on a triangle arbitrage giv

Post by answerhappygod »

Assume you can buy 52 British pounds with 100 Canadian dollars.
How much profit can you earn on a triangle arbitrage given the
following rates if you start out with 100 U.S. dollars?
Show your work below:
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