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1 USD 4.84 Brazilian Reales 1 USD 528.87 Costa Rican Colones 1 Brazilian Real = 111.11 Costa Rican Colones n. Given the exchange rates

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1 USD 4.84 Brazilian Reales 1 USD 528.87 Costa Rican Colones 1 Brazilian Real = 111.11 Costa Rican Colones n. Given the exchange rates above, calculate the shadow price between Reals and Colones. o. Starting with $300, use triangular currency arbitrage (show all steps) to earn a profit and calculate the profit earned.

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