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Given the following information, take advantage of the triangular arbitrage opportunity and calculate the US dollar profit for an investment of $ 1 , 0
Given the following information, take advantage of the triangular arbitrage opportunity and calculate the US dollar profit for an investment of $ Make sure to calculate and show the crossrate, clearly state which currency is overvaluedundervalued by Dealer and show the steps in the triangular arbitrage you will not receive full credit if you don't show any triangular arbitrage steps
Euro in US dollars USDEUR
British pound in US dollars USDGBP
Dealer : pound in euros EURGBP
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