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#11 1 unit of Currency A costs 0.204 units of Currency B,1 unit of Currency B costs 3.91 units of Currency C, and 1 unit
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1 unit of Currency A costs 0.204 units of Currency B,1 unit of Currency B costs 3.91 units of Currency C, and 1 unit of Currency A costs 0.8 units of Currency C. Assume that you are starting out with 1,000,000 units of Currency A and that there are no transaction costs. How much money will you make in one set of triangular arbitrage transactions? Round to the nearest unit of Currency A Step by Step Solution
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