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Use the Following Information to Answer Questions 13-14

Question 65

Multiple Choice

Use the following information to answer questions 13-14.
Assume that the following exchange rates exist.
Use the following information to answer questions 13-14. Assume that the following exchange rates exist. -Suppose that you are an arbitrageur that starts with $100 in New York.How much arbitrage profit can you make? A) $0 B) $50 C) $100 D) $150
-Suppose that you are an arbitrageur that starts with $100 in New York.How much arbitrage profit can you make?


A) $0
B) $50
C) $100
D) $150

Correct Answer:

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