A dealer in singapore quotes s 17430 while a dealer in, Business Economics

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A dealer in singapore quotes s 17430 while a dealer in

A dealer in Singapore quotes S$ 1.7430/$ while a dealer in Paris quotes $0.8610/€. What should be the direct quote for the Euro in Singapore? Another dealer in Frankfurt quotes €0.6680/S$. Is there an opportunity to arbitrage for an American investor? Use $100,000 as the notional amount and ignore transaction costs.

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