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You have received the following currency quotes from three banks: USD 1.43/SGD, USD 0.87/CHF, and CHF 1.84/SGD. Determine the profit of the triangular arbitrage if
You have received the following currency quotes from three banks: USD 1.43/SGD, USD 0.87/CHF, and CHF 1.84/SGD. Determine the profit of the triangular arbitrage if you have USD600,000 as the initial capital.
Select one:
a.USD773,486
b.USD64,019
c.USD71,664
d.USD194,316
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