Question: Please answer the question below the answer is 93,643 profit. Please provide the way how to get the answer. USD equivalent Country BID ASK Switzerland

Please answer the question below the answer is 93,643 profit. Please provide the way how to get the answer.

Please answer the question below the answer is 93,643 profit. Please provide

USD equivalent Country BID ASK \\Switzerland ( Franc ) CHF $0. 65 / CHF $0. 68 / CHF Euro E $ 1. 15 / { $1 . 2 / E Triangular Arbitrage [Ans : 93 , 643 profit ] The Singapore dollar - U. S. dollar ( SS / $ ) spot exchange rate is S$1. 60 / $ , the Canadian dollar - U.S. dollar ( CD / $ ) spot rate is CD 1. 33 / $ and the S$ / CD 1 . 10 . Determine the triangular arbitrage profit that is possible if you have $1 , 000 , 000

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