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Suppose you are given the following exchange rates: 0.0094/0.0098 $/ 60.7492/60.7512 /CHF 0.5837/0.5841 $/CHF Is there a triangular arbitrage opportunity? Describe the steps involved if

Suppose you are given the following exchange rates:

0.0094/0.0098 $/

60.7492/60.7512 /CHF

0.5837/0.5841 $/CHF

Is there a triangular arbitrage opportunity? Describe the steps involved if you can start with 1 million CHF.

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