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Suppose the $/ exchange rate is $1.1074 = 1.0, the Yen/ exchange rate is 121.73 (1 will purchase 121.73 yen), and the US $

Suppose the $/ exchange rate is $1.1074 = 1.0, the Yen/ exchange rate is 121.73 (1 will purchase 121.73 yen), and the US $ will purchase 108.12 yen. In this scenario arbitrage is possible. What is the potential profit per $1,000,000 US if one conducts triangular arbitrage?

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