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2 Javier have SF10,000,000 and planning to make profit via triangular arbitrage. The bank offers the following quotes: Fuji Bank 120.00/S Rushmore Bank SF1.60000/$ Blanc

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2 Javier have SF10,000,000 and planning to make profit via triangular arbitrage. The bank offers the following quotes: Fuji Bank 120.00/S Rushmore Bank SF1.60000/$ Blanc Bank 80.00/SF Calculate the amount of profit in Swiss Franc. (10 marks)

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