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[ 4 ] You have $ 1 Million to trade, and you notice the following spot - exchange rates by 3 banks: Bid Ask Credit

[4] You have $1 Million to trade, and you notice the following spot-exchange rates by 3 banks:
Bid Ask
Credit Suissess: ($/SFr) $1/SFr $1.01/SFr
JP Morgan: (/$)100/$ 103/$
Mizuho: (/SFr)98/SFr 99/SFr
Where the first quote is the bid price, and the second quote is the ask price. Can you make an arbitrage profit in this situation? How much would your profits be?

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