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The following exchange rates are available to you. ( You can buy or sell at the stated rates. ) 1 . Mt . Fuji Bank

The following exchange rates are available to you. (You can buy or sell at the stated rates.)
1.Mt. Fuji Bank
2.Mt. Rushmore Bank
3. Mt Blanc Bank
1.92.00/S
2.SF1.02/S
3.90.00/SF
Assume you have an initial SF12,000,000. Can you make a profit via triangular arbitrage?
If so, show the steps and calculate the amount of profit in Swiss francs (Swissies).

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