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7. The risk-free currency exchange problem offers a risk-free way to make money. Suppose we have currencies c1, ,Cn. (For example, ci might be dollars,
7. The risk-free currency exchange problem offers a risk-free way to make money. Suppose we have currencies c1, ,Cn. (For example, ci might be dollars, c2 rubles, c3 yen, etc.) For every two currencies ci and c, there is an exchange rate rij such that you can exchange one unit of ci for rij units of cj. Note that if riJrji > 1, then you can make money simply by trading units of currency i into units of currency j and back again. This almost never happens, but occasionally (because the updates for exchange rates do not happen quickly enough) for very short periods of time exchange traders can find a sequence of trades that can make risk-free money. That is, if there is a sequence of currencies Ci,,Ci,...,Cichthat r s.. T-1 i>1, then trading one unit of ci into ci2 and trading that into cis and so on will yield a profit. Design an efficient algorithm to detect if a risk-free currency exchange exists. (You need not actually find it.)
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