Assuming the following quotes, analyze how a market trader at Mt Fuji Bank with $ 1 , 0 0 0 , 0 0 0 can make an inter market arbitrage profit Mt Fiji Bank quotes Yen per U S dollar 1 2 9 8 7 $ Citibank quotes euro per U S dollar euro 1 1 2 2 6 $ Mt Blanc Bank quotes euro per Yen euro 0 0 0 8 4

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Assuming the following quotes, analyze how a market trader at Mt . Fuji Bank with $ 1 , 0 0 0 , 0 0 0

Assuming the following quotes, analyze how a market trader at Mt

.

Fuji Bank with $

1, 000, 000

can make an inter

-

market arbitrage profit?

.

Fiji Bank quotes Yen per U

.

.

dollar

129.87 /

Citibank quotes euro per U

.

.

dollar euro

1.1226 /

.

Blanc Bank quotes euro per Yen euro

0.0084 /

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