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Homework The following exchange rates are available to you. (You can buy or sell at the stated rates). I Mt. Fuji Bank 92.00/$ Mt.

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Homework The following exchange rates are available to you. (You can buy or sell at the stated rates). I Mt. Fuji Bank 92.00/$ Mt. Rushmore Bank SF1.02/$ Mt Blanc Bank 90.00/SF You have SF 12,000,000; can you make a profit in Swiss francs via triangular arbitrage? (Do it yourself as a practice)

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