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Assume that the following exchange rates exist. $/SFr $/Pound SFr/Pound 2.00 New York 0.60 London 2.00 3.00 Geneva 0.60 3.00 Suppose that you are an

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Assume that the following exchange rates exist. $/SFr $/Pound SFr/Pound 2.00 New York 0.60 London 2.00 3.00 Geneva 0.60 3.00 Suppose that you are an arbitrageur that starts with $100 in New York. How much arbitrage profit can you make? $0 $66.66 -$10.00 $11.11

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