The following exchange rates are available to you. (You can buy or sell at the stated rates.) Assume you have an initial SF 11,900,000. Can you make a profit via triangular arbitrage? If so, show the steps and calculate the amount of profit in Swiss francs

Mt. Fuji Bank	91.76/$
Mt. Rushmore Bank	SF 1.05/$
Mt. Blanc Bank	89.27/SF

Attempt 1 SF to $
SF to $
$ to Yen
Yen to SF
Profit or Loss

Attempt 2 SF to Yen
SF to Yen
Yen to $
$ to SF
Profit or Loss