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Suppose that the direct price euros per pound were 1.4650/ and the exchange rates versus...

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Finance

Suppose that the direct price euros per pound were 1.4650/ and the exchange rates versus the dollar are 0.8153/$ and $1.5593/. If we start with 10,000,000, approximately what percentage we make in by trading these currencies?

31.74%

20.65%

33.91%

15.2%

The solution not by Excel

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