Question: Please demonstrate how to get the correct answer. Thanks (Triangular Arbitrage) These are the quotes from the spot market. Citigroup 135/ Credit Suisse 123/$ Deutsche

Please demonstrate how to get the correct answer. Thanks

(Triangular Arbitrage) These are the quotes from the spot market. Citigroup 135/ Credit Suisse 123/$ Deutsche Bank $1/ If you have 1,000,000 to arbitrage, your profit is $ 97560.98 x The correct answer is: 107079.12

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