Given the Following Exchange Rates, Which of the Multiple-Choice Choices

question 9

Multiple Choice

Given the following exchange rates, which of the multiple-choice choices represents a potentially profitable intermarket arbitrage opportunity?
¥129.87/$
Euro 1.1226/$
Euro 0.00864/¥

• A) ¥115.69/euro
• B) ¥114.96/euro
• C) $0.8908/euro
• D) $0.0077/¥

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