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Please show work!!! The following exchange rates are available to you: Fuji Bank yen 92.00/$ Rushmore Bank SFr1.02/$ Blanc Bank yen 90.00/SFr Assume you have

Please show work!!! image text in transcribed
The following exchange rates are available to you: Fuji Bank yen 92.00/$ Rushmore Bank SFr1.02/$ Blanc Bank yen 90.00/SFr Assume you have an initial SFr12,000,000. Show the steps to make a profit via triangular arbitrage and calculate the amount of profit in Swiss francs (SFr26, 143.79)

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