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Assume the following information: Exchange rate of Singapore dollar in USD = 0.32 USD/SGD Exchange rate of pound in USD = 1.46 USD/GBP Exchange rate

Assume the following information:

Exchange rate of Singapore dollar in USD = 0.32 USD/SGD

Exchange rate of pound in USD = 1.46 USD/GBP

Exchange rate of pound in Singapore dollars = 4.92 SGD/GBP

If you have 1 million USD to conduct one cycle of triangular arbitrage, what will be your profit?

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