Bank A quotes ¥/$ = 187. Bank B quotes €/$ =0.8765. Bank C quotes ¥/€ =220....

Bank A quotes ¥/$ = 187. Bank B quotes €/$ =0.8765. Bank C quotes ¥/€ =220. Find the profit of a U.S. investor conducting a triangular arbitrage. Assume the investor has $1,000,000. Do not write any unit. Make sure to round your answers to the nearest 100th decimal points.

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jeff jeffy answered 2 years ago

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