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What the current value of the ruble in terms of the peso is

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Problem 1: 1 Russian Ruble is currently trading at .12 Turkish Lira. 1 Mexican Peso is currently trading at .45 Turkish Lira. If triangular arbitrage holds, the current value of the Ruble in terms of the Peso is ____? (Round to the nearest 2 decimal points)

Reference no: EM132942301

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