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A Tunisian investor is wondering whether she can make a riskless profit giving the following quoted exchange rates. Can you help her take a decision

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A Tunisian investor is wondering whether she can make a riskless profit giving the following quoted exchange rates. Can you help her take a decision knowing that she has 1.5 million Tunisian dinars (TND) to invest? (Ignore any transaction costs). USD/CHF: TND/CHF: CHF/CAD: USD/TND: 1.0512 - 1.1212 2.999 - 3.1216 0.6956 - 0.7162 0.3012 -0.3195 No she cannot make a riskless profit Yes she can make a riskless profit closest to 0.045 million TND Yes she can make a riskless profit closest to 0.0809 million TND Yes she can make a riskless profit closest to 0.015 million TND Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All

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