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01-06-2023
Business

contestada

USD 1 = BRL 5.12 (BRL: Brazilian Real)

CAD 1 = USD 0.78 (CAD: Canadian Dollar)

CAD 1 = BRL 4.2

Is there triangular arbitrage opportunity? How much would the arbitrage profit be if you have $1 million USD to start with? What market forces would occur to eliminate any further possibilities of triangular arbitrage?

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