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International Cross-exchange rates

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A dealer in Australia quotes A$1.7430-40/$,
A dealer in Paris quotes $0.8610-20/euro.
A dealer in Germany quotes euro 0.6667-76/A$.

What should the German dealer quote to prevent any arbitrage?

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Solution Summary

The international cross-exchange rates are analyzed. The formula below is how you find the cross rates between currencies.

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Assuming you are asking what the German dealer should quote Euros per USD.

The formula below is how you find the cross ...

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