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Suppose the $/ exchange rate is $1.0592 = 1.0, the / exchange rate is 1.1523 (1.0 will purchase 1.1523), and $1.2205 will purchase 1.00. What

Suppose the $/ exchange rate is $1.0592 = 1.0, the / exchange rate is 1.1523 (1.0 will purchase 1.1523), and $1.2205 will purchase 1.00. What is the potential profit per $1,000,000 US if one conducts triangular arbitrage

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