Explain what can you do to earn a trading profit

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A share of the ADR of a Dutch firm represents five share of that firm's stock that is traded on a Dutch stock exchange. The share price of the firm was 12 euros when the Dutch market closed.

As the U.S. market opens, the euro is worth $1.10 and the ADR are trading at $68, what can you do to earn a trading profit, ignoring transaction costs?

Reference no: EM131984512

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