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BANKA buys or sells Argentine pesos at an exchange rate of $.31 per peso. BANK B is willing to buy or sell Chinese yuan at
BANKA buys or sells Argentine pesos at an exchange rate of $.31 per peso. BANK B is willing to buy or sell Chinese yuan at an exchange rate of 8 yuan per dollar. BANK C is willing to exchange Chinese yuan at an exchange rate of 2.5 yuan per Argentina peso. Show if and how you can make a profit from triangular arbitrage and what your profit would be if you had $1,000,000. 0,318 peso - &yuan syoon
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