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

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Homework The following exchange rates are available to you. (You can buy or sell at the stated rates) Mt. Fuji Bank Mt. Rushmore Bank Mt Blanc Bank V92.00/S SF1.02/$ Y90.00/SF You have SF 12,000,000, can you make a profit in Swiss francs via triangular arbitrage? (Do it yourself as a practice) Homework The following exchange rates are available to you. (You can buy or sell at the stated rates) Mt. Fuji Bank Mt. Rushmore Bank Mt Blanc Bank V92.00/S SF1.02/$ Y90.00/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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