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Business, 02.10.2019 02:20 noeminm105

You are a french trader $ 10,000 to invest. the dollar-euro exchange rate is quoted as $ 1.20 = € 1.00 and the dollar-pound exchange rate is quoted at $ 2.15 = £ 1.00. if a bank quotes you an exchange rate of £1.00 = €1.70 do you think you will be able to profit out of these quotes, how can you make money?

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You are a french trader $ 10,000 to invest. the dollar-euro exchange rate is quoted as $ 1.20 = € 1....
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