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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 Preview


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

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

    Solution Summary

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