Quotes between euros and dollars at three dealers

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Suppose you observe the following quotes between euros and dollars at three dealers. Dealer A: $1.5550-59 Dealer B: $1.5545-61 Dealer C: €.6351-60 What is the maximum amount you can earn (in dollars) via locational arbitrage if you have access to 10 million dollars? Round intermediate steps to four decimals 162,000 104,106.42 105,405.23 164,000 0.

Reference no: EM131492590

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