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question 93

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Suppose that: Suppose that:    What arbitrage gains can be achieved if the bank quotes a rate of 75Yen per Swiss Francs? A) 8% B) 9% C) 10% D) 11% Suppose that the exchange rate were *1075/Swiss franc.Then an investor could:
What arbitrage gains can be achieved if the bank quotes a rate of 75Yen per Swiss Francs?


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