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Triangle Arbitrage USD/KRW 1100 USD/JPN 108 JPN/KRW 10.1 Use the above quotation to answer the following three questions. What is the Triangular Arbitrage profit in

Triangle Arbitrage

	USD/KRW	1100
	USD/JPN	108
	JPN/KRW	10.1

Use the above quotation to answer the following three questions.

What is the Triangular Arbitrage profit in USD? Assume that you have 1 million USD to do this arbitrage

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