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Riskless profit on the Swiss franc. The following exchange rates are available to you. (You can buy or sell at the stated rates.) Assumptions Values
- Riskless profit on the Swiss franc. The following exchange rates are available to you. (You can buy or sell at the stated rates.)
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| Assumptions |
| Values |
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| Beginning funds in Swiss francs (SF) |
| 10,000,000.00 |
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| Mt. Fuji Bank (yen/$) |
| 120.00 |
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| Mt. Rushmore Bank (SF/$) |
| 1.6000 |
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| Matterhorn Bank (yen/SF) |
| 80.00 |
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| Try Number 1: Start with SF to $ |
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| Step 1: SF to $ |
| 6,250,000.00 |
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| Step 2: $ to yen |
| 750,000,000.00 |
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| Step 3: yen to SF |
| 9,375,000.00 |
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| Profit? |
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| Try Number 2: Start with SF to yen |
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| Step 1: SF to yen |
| 800,000,000.00 |
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| Step 2: yen to $ |
| 6,666,666.67 |
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| Step 3: $ to SF |
| 10,666,666.67 |
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| Profit? |
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