Assume the following information: PLN in $ (i.e. $/PLN) JPY in $ (i.e. $/JPY) PLN in...

 

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Assume the following information: PLN in $ (i.e. $/PLN) JPY in $ (i.e. $/JPY) PLN in JPY (i.e. JPY/PLN) Bid $0.22 $0.0075 PLN 26.08 Ask $0.23 $0.0076 PLN 27.95 Vicki has $30,000. Can Vicki use triangular arbitrage to generate a profit? (Note: PLN represents the Polish zloty, the official currency used in Poland, and JPY represents the Japanese yen, the official currency used in Japan.) Assume the following information: PLN in $ (i.e. $/PLN) JPY in $ (i.e. $/JPY) PLN in JPY (i.e. JPY/PLN) Bid $0.22 $0.0075 PLN 26.08 Ask $0.23 $0.0076 PLN 27.95 Vicki has $30,000. Can Vicki use triangular arbitrage to generate a profit? (Note: PLN represents the Polish zloty, the official currency used in Poland, and JPY represents the Japanese yen, the official currency used in Japan.)