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The Dollar to Euro spot exchange rate is $1.3499/1.00, the Dollar to Yen spot exchange rate is $0.008403/1.00, and the Euro to Yen spot exchange
The Dollar to Euro spot exchange rate is $1.3499/1.00, the Dollar to Yen spot exchange rate is $0.008403/1.00, and the Euro to Yen spot exchange rate is 0.006013/1.00. Determine the triangular arbitrage profit that is possible if you have $6,000,000. options:
$323,515
$13,069
$211,447
$14,340
$204,249
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