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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 Find the triangular arbitrage profit and 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
Find the triangular arbitrage profit and describe the steps involved if you can start with 1 million CHF
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