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A trader from BNP PARIBAS notices that Credit Suisse is offering SF1.1779/$1.00, Lombard Odier. is quoting 0.5178 euros for each Swiss franc and Commerzbank is

A trader from BNP PARIBAS notices that Credit Suisse is offering SF1.1779/$1.00, Lombard Odier. is quoting 0.5178 euros for each Swiss franc and Commerzbank is quoting 0.8619 euros for each US dollar. Assume you have $1,000,000 with which to conduct the arbitrage. How much money you can make based on arbitrage?

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413144

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