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please show all work E. The Nigerian naira versus the US dollar is 7 to 1. i.e.. 7 naira buy one dollar. The ER between

please show all work

E. The Nigerian naira versus the US dollar is 7 to 1. i.e.. 7 naira buy one dollar. The ER between the Swiss franc and the US dollar is one to one. Finally, the naira trades at 6.92 per one Swiss franc. What kind of triangular arbitrage will induce a profit for you? Assume, you start with $1 million

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