Question: Please execute a triangular arbitrage based on the exchange rates provided below. Assume that you start with $1,000,000, how much would be the profit of

Please execute a triangular arbitrage based on the exchange rates provided below. Assume that you start with $1,000,000, how much would be the profit of your arbitrage? List all the steps and cross-exchange rates to get full credit (12 points)

	Bid	Ask
Citi Group Bank	$1.500/	$1.600/
Mitsubishi Bank	$0.010/	$0.015/
HSBC Bank	200/	225/

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