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Which of the following statements regarding triangular arbitrage true? Multiple Choice The purpose is to...

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Which of the following statements regarding triangular arbitrage true? Multiple Choice The purpose is to earn an arbitrage profit via trading among three currencies, where the direct cross-exchange rate between the second and the third currency is not in alignment with the implied cross-exchange rate. It can involve trading out of the US dollar into a second currency, then trading it for a third currency, which is in turn traded for US dollars. Both A and B

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