In New York,you can exchange $1 for €0.7538 or £0.6789.In Berlin,£1 costs €1.1087.How much profit can you earn on $1,000 using triangle arbitrage?
A) $1.09
B) $1.17
C) $1.47
D) $1.58
E) $1.70
Correct Answer:
Verified
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