The exchange rates in new york for 1 are c12675 and


The exchange rates in New York for $1 are C$1.2675 and £0.6882. A dealer is offering the following quote: C$1 will buy £0.8722. What is the profit you can earn on $19,632 using triangle arbitrage?

Enter your answer round off two two decimal points.

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Finance Basics: The exchange rates in new york for 1 are c12675 and
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