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5.1 5.10 Swissie Triangular Arbitrage. The following exchange rates are available to you. You can buy or sell at the stated rates.) Assume you have

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5.1 5.10 Swissie Triangular Arbitrage. The following exchange rates are available to you. You can buy or sell at the stated rates.) Assume you have an initial SF12,000,000. Can you make a profit via triangular arbitrage? If so, show the steps and calculate the amount of profit in Swiss francs (Swissies). Mt. Fuji Bank Mt. Rushmore Bank 92.00/$ SF1.02/$ 90.00/SF Mt. Blanc Bank

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