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Business, 01.10.2019 04:00 diamondpositive68

Assume the following exchange rates: $1 = nz$3, nz$1 = mxp2, and $1 = mxp7. given this information, as you and others perform triangular arbitrage, the exchange rate of the new zealand dollar (nz) with respect to the mexican peso (mxp) should and the exchange rate of the mexican peso (mxp) with respect to the u. s. dollar should a. appreciate; depreciate b. remain stable; appreciate c. appreciate; appreciate d. depreciate; depreciate

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Assume the following exchange rates: $1 = nz$3, nz$1 = mxp2, and $1 = mxp7. given this information,...
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