This Attempt end is a: Profit/Loss

This Attempt end is a: Profit/Loss

Swissie Triangular Arbitrage. The following exchange rates are available to you. (You can buy or sell at the stated rates.) Assume you have an initial SF 12,600,000. Can you make a profit via triangular arbitrage? If so, show the steps and calculate the amount of profit in Swiss francs (Swissies). Mt. Fuji Bank Mt. Rushmore Bank Mt. Blanc Bank 90.31 /$ SF 1.09 / $ 88.48 / SF Calculate the first arbitrage opportunity attempt below: (Round to the nearest cent.) Attempt Number 1: Start with SF to $ Step 1: SF to $ $ Step 2: $ to yen Step 3: yen to SF SF Profit or Loss SF This attempt ends in a (Select from the drop down-menu.) The second arbitrage opportunity attempt is calculated below: (Round to two decimal places.) Attempt Number 2: Start with SF to yen Step 1: SF to yen Step 2: yen to $ Step 3: $ to SF $ SF Profit or Loss SF This attempt ends in a (Select from the drop-down menu.)