Question: (6 points) Using the following three rates, answer the parts to question 1. (Assume the bid-ask spread is zero here): $1.10/CHF $1.25/ 0.85/CHF Would triangular

(6 points) Using the following three rates, answer the parts to question 1. (Assume the bid-ask spread is zero here): $1.10/CHF $1.25/ 0.85/CHF Would triangular arbitrage be profitable? If so, and an investor has $1 million to apply toward Triangular arbitrage activities, what would be the profit

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