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Problem 11 >> Intro You have $26,000 and observe the following exchange rates: Bid Ask Exchange rate Value of yen in U.S. dollars Value of

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Problem 11 >> Intro You have $26,000 and observe the following exchange rates: Bid Ask Exchange rate Value of yen in U.S. dollars Value of Canadian dollar in U.S. dollars Value of yen in Canadian dollars $0.0084 $0.0085 $0.81 $0.82 C$0.011 C$0.0112 Part 1 - Attempt 3/6 for 10 pts. What is your profit from exploiting the triangular arbitrage opportunity once in $)? + decimals Submit

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