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Currently, you can exchange $1 for either 108.11 or .7664 in New York. In Tokyo, the exchange rate is /.0072. If you have $2,100, how

Currently, you can exchange $1 for either 108.11 or .7664 in New York. In Tokyo, the exchange rate is /.0072. If you have $2,100, how much profit can you earn with triangle arbitrage?

Multiple Choice

  • $32.86

  • $36.51

  • $34.59

  • $30.33

  • $41.07

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