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please help .6 Moscow to Mumbai. After spending a week in Moscow you get an email from your friend in India. He can get you
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.6 Moscow to Mumbai. After spending a week in Moscow you get an email from your friend in India. He can get you a really good deal on a plane ticket and wants you to meet him in Mumbai next week to continue your global studies. You have 450,000 rubles left in your money pouch. In preparation for the trip you want to exchange your Russian rubles for Indian rupee at the Moscow airport: Spot rate USD=1.00EUR (or $/ ) 1.1280 Spot rate RUB=1.00USD (or R/$ ) 62.40 5.10 Swissie Triangular Arbitrage. The following exchange rates are available to you. (You can buy or sell at the stated rates.) Assume you have an initial SF12,000,000. Can you make a profit via triangular arbitrage? If so, show the steps and calculate the amount of profit in Swiss francs (Swissies). Mt. Fuji Bank 92.00/$ Mt. Rushmore Bank SF1.02/\$ Mt. Blanc Bank 90.00/SF .6 Moscow to Mumbai. After spending a week in Moscow you get an email from your friend in India. He can get you a really good deal on a plane ticket and wants you to meet him in Mumbai next week to continue your global studies. You have 450,000 rubles left in your money pouch. In preparation for the trip you want to exchange your Russian rubles for Indian rupee at the Moscow airport: Spot rate USD=1.00EUR (or $/ ) 1.1280 Spot rate RUB=1.00USD (or R/$ ) 62.40 5.10 Swissie Triangular Arbitrage. The following exchange rates are available to you. (You can buy or sell at the stated rates.) Assume you have an initial SF12,000,000. Can you make a profit via triangular arbitrage? If so, show the steps and calculate the amount of profit in Swiss francs (Swissies). Mt. Fuji Bank 92.00/$ Mt. Rushmore Bank SF1.02/\$ Mt. Blanc Bank 90.00/SFStep by Step Solution
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