Forgin exchange, finance, Other Engineering

The following exchange rates are available to you. (You can buy or sell at the stated rates.)
Mt. Fuji Bank ¥85.00/$
Mt. Rushmore Bank SF1.356/$
Mt. Blanc Bank ¥64.74/SF
Assume that you have an initial SF10,000,000. Can you make a profit via triangular arbitrage? If so, show steps and calculate the amount of profit in Swiss francs.
Posted Date: 3/17/2012 4:41:36 PM | Location : United States





Every organization is coming up with various strategies and business developments to lead in the industry.
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Posted by Summer | Posted Date: 6/17/2013 11:31:30 AM


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