Problem # 7

Takeshi Kamada a foreign exchange trader at Credit Suisse (Tokyo), is exploring covered interest arbitrage possibilities. He wants to invest $5,000,000 or its yen equivalent, in a covered interest arbitrage between US. dollars and Japanese yen. He faced the following exchange rate and interest rate quotes. Is CIA profit possible? If so, how? Consider the reaction: 2BrF_3(g) rightarrow Br_2(g) + 3F_2(g) Using standard absolute entropies at 298K, calculate the entropy change for the system when 2.26 moles of BrF_3(g) react at standard conditions. Delta S degree _ system J/K