The following exchange rates are available to you you can, Ask an Expert

Finance

The following exchange rates are available to you. (You can buy or sell at the stated rates.)

Mt. Fuji Bank ¥92.00/$

Mt. Rushmore Bank SF1.02/$

Mt Blanc Bank ¥90.00/SF

Assume you have an initial $10,000,000. What is the amount of profit in dollars you can make a profit via triangular arbitrage? ( in 2 decimals)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92811924

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