Suppose you have 1000 pounds and want to take advantage of, Financial Management

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Suppose you have 1000 pounds and want to take advantage of

Suppose you have 1000 pounds and want to take advantage of arbitrage opportunities that you think exist in the forex market. Suppose that the pound-dollar exchange rate is 0.625, the dollar-yen rate is 0.009, and the pound-yen rate is 0.0075. Explain clearly and with numerical computations how you can make a profit from this through triangular trading. What is your profit in pounds after you are done trading?

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