Question You see the following foreign exchange quotes: AUD / USD: 1.05 (bid) 1.10 (ask) SGD / USD:

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You see the following foreign exchange quotes: AUD / USD: 1.05 (bid) 1.10 (ask) SGD / USD: 1.20 (bid) 1.30 (ask) Question: What is the range of cross-rates of AUD/SGD such that no arbitrage opportunity exists?

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