Question: I need answer for attempt Number 2 step one SF to Yen Step two Yen to $ step three $ to SF Proft or loses
I need answer for attempt Number 2
step one SF to Yen
Step two Yen to $
step three $ to SF
Proft or loses with discurption

Problem 5-10 (algorithmic) E Question Help Swissie Triangular Arbitrage. The following ex ange rates are available o you. calculate the amount of profit in Swiss francs (Swissles) You can buy or sell a the stated rates. Assume you have an nitial SF 1 5 0. O Can ou make a pro v a triangular arbitrage? if so, show the steps and Mt. Fuji Bank Mt. Rushmore Bank Mt. Blanc Bank Y92.58/S SF 1.07/S Y91.75SF Calculate the first arbitrage opportunity attempt below: (Round to the nearest cent.) Attempt Number 1: Start with SF to $ Step 1: SF to $ Step 2: $ to yen Step 3: yen to SF S 10,747,663.55 995,018,691.50 SF 10,844,890.37 SF655,109.62 Profit or Loss This attempt ends in a loss. (Select from the drop down-menu.) The second arbitrage opportunity attempt is calculated below: (Round to two decimal places.) Attempt Number 2: Start with SF to yen Step 1: SF to yen Enter any number in the edit fields and then click Check
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