Create two numerical foreign exchange computational problems by using the CURRENT (2019-2020) real-word data. The author must indicate the sources of data. One is a case of triangular arbitrage and the other is the case of rectangular arbitrage. Please HANDWRITE all the explanation and computation and DRAW PICTURES of the take a photo and submit the photo in the Blackboard.

Please use the real-world data to create a case of triangular arbitrage.

Please hand write and hand draw the case and numerical computation on a piece of paper.

Then SCAN the paper and submit the scanned handwriting.

Each one problem is weighted 5%.

Data source (1%)

Picture (1%)

Explanation (1%)

Computation (1%)

Neatness (1%)

Mt. Fuji Bank Mt. Rushmore Bank Mt Blanc Bank 92.00/$ SF1.02/$ 90.00/SF SF12,000,000*Yen90/SF=Yen1,080,000,000 SF11973913- SF12000000 =losing SF26087 John Smith brought 12,000,000 Swiss Francs to Mt. Blanc Bank to exchange for Japanese Yens. He got 1,080,000,000 Japanese Yens. After that, he used the Japanese Yens to exchange for US$ in Mt. Fuji Bank sind got $11,739,130. $11739130*SF1.02/$ =SF11,973,913 Yen 1080000000/(Yen92/S) $11,739,130 John took his $11,739,130 from Mt Evli Bank and transmit it to Mt. Rushmore Bank to convert the money to Swiss Francs and got SF 11,973,913. Comparing this amount with the original amount of money, John Smith lost SF26,087. Following the same way and tell the following story... SF12,000,000/SF1.02/$=$11764706 SF12026144-SF12000000 =SF26144 Profit of Arbitrage $11764705*Yen92/$ Yen 1082353/Yen90/SF =Yen 1082353 =SF12026144 Mt. Fuji Bank Mt. Rushmore Bank Mt Blanc Bank 92.00/$ SF1.02/$ 90.00/SF SF12,000,000*Yen90/SF=Yen1,080,000,000 SF11973913- SF12000000 =losing SF26087 John Smith brought 12,000,000 Swiss Francs to Mt. Blanc Bank to exchange for Japanese Yens. He got 1,080,000,000 Japanese Yens. After that, he used the Japanese Yens to exchange for US$ in Mt. Fuji Bank sind got $11,739,130. $11739130*SF1.02/$ =SF11,973,913 Yen 1080000000/(Yen92/S) $11,739,130 John took his $11,739,130 from Mt Evli Bank and transmit it to Mt. Rushmore Bank to convert the money to Swiss Francs and got SF 11,973,913. Comparing this amount with the original amount of money, John Smith lost SF26,087. Following the same way and tell the following story... SF12,000,000/SF1.02/$=$11764706 SF12026144-SF12000000 =SF26144 Profit of Arbitrage $11764705*Yen92/$ Yen 1082353/Yen90/SF =Yen 1082353 =SF12026144