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The Following Exchange and Interest Rate Quotations Were Recently Observed

question 26

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The following exchange and interest rate quotations were recently observed: The following exchange and interest rate quotations were recently observed:   An arbitrage profit can be obtained by A)  borrowing pounds and lending dollars B)  borrowing dollars and lending DM C)  borrowing DM and lending pounds D)  there are no arbitrage opportunities An arbitrage profit can be obtained by


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