Question: B. You have SF 10,000,000. Given the information in Table 4.2 on the three currency rates of different banks, can you make riskless profit on

B. You have SF 10,000,000. Given the information in Table 4.2

B. You have SF 10,000,000. Given the information in Table 4.2 on the three currency rates of different banks, can you make riskless profit on the Swiss francs by triangular arbitrage? Show your steps and the amount of profit. Table 4.2. Currency Rates Given Parameter Beginning funds in Swiss francs (SF Bank of Japan /S) Swiss Banking Corp (SF/S) Royal Bank (/SF) Values 10,000,000.00 120.00 1.6000 80.00

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