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Assume the following exchange rates: Currencies Exchange Rate MXN/USD 0.0470 MXN/JPY 5.2300 JPY/USD 0.0088 Is triangular arbitrage possible? If so, how much is your profit

Assume the following exchange rates:

Currencies	Exchange Rate
MXN/USD	0.0470
MXN/JPY	5.2300
JPY/USD	0.0088

Is triangular arbitrage possible? If so, how much is your profit in USD if you start with $1,000,000?

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