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What can you do to earn a riskless profit

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Reference no: EM131970004

The New Zealand dollar to U.S. dollar exchange rate is 1.36, and the British pound to U.S. dollar exchange rate is 0.62. If you find that the British pound to New Zealand dollar is trading at 0.49, what can you do to earn a riskless profit?

Reference no: EM131970004

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