The New Zealand dollar to U.S. dollar exchange rate is 1.34, and the British pound...
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The New Zealand dollar to U.S. dollar exchange rate is 1.34, and the British pound to U.S. dollar exchange rate is 0.69. If you find that the British pound to New Zealand dollar were trading at 0.53, what would be the riskless profit per U.S. dollar invested?
The riskless profit is $____ per U.S. dollar invested. (Round your response to two decimal places.)
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