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A brokerage company made the following deals: b) 1.00 p.m.: USD / Yen: 110.40 1.01 p.m.: EUR / Yen: 124.66 1.02 p.m.: EUR/USD: 1.1275 Calculate

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b) 1.00 p.m.: USD / Yen: 110.40 1.01 p.m.: EUR / Yen: 124.66 1.02 p.m.: EUR/USD: 1.1275 Calculate the result (profit or loss?) 10 million USD are sold, Yen are purchased Yen amount is sold against EUR EUR are sold against USD

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