Question: Cross exchange transactions can be profitable. This involves changing one currency to another to another and comparing the final result to the initial investment. It

Cross exchange transactions can be profitable. This involves changing one currency to another to another and comparing the final result to the initial investment. It is possible to make a profit by trading currencies. What is the profit or loss from these transactions starting with $10,000? What does this indicate? The exchange rates are the following.

$1.00 = .9743 dollar to euro

1.00 = 141.6029 euro to yen

144.609 = $1.00 yen to dollar

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