1USD=1.28 CAD, 1USD=0.81EUR, 1CAD=0.615 EUR. If an investor has 100 USD , what is the max profit that he will get from i

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answerhappygod
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1USD=1.28 CAD, 1USD=0.81EUR, 1CAD=0.615 EUR. If an investor has 100 USD , what is the max profit that he will get from i

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1USD=1.28 CAD, 1USD=0.81EUR, 1CAD=0.615 EUR. If an investor has 100 USD , what is the max profit that he will get from implementing cross triangle arbitrage if he chooses to convert initially USD to EUR then EUR to CAD and finally, CAD to USD? Solve, show me your solution and choose one of the following: a. 3.25 b. 2.5 c. 2.9 d. 1.65
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