Question: Question 9 ( 3 . 1 2 5 points ) Saved Assume the following information: ( Note in FJ$ is the symbol for Fijian dollar

Question 9(3.125 points) Saved Assume the following information: (Note in FJ$ is the symbol for Fijian dollar) BidAsk in $ (i.e. $/)$1.2700$1.2800 FJ$ in $ (i.e. $/FJ$) $0.4300 $0.4400 in FJ$ (i.e. FJ$/) FJ$3.1000FJ$3.1500 Emma has $20,000. Can Emma use triangular arbitrage to generate a profit? Question 9 options: Yes, Emma can earn arbitrage profits of $960.24. Yes, Emma can earn arbitrage profits of $1,041.41. No, Emma cannot earn arbitrage profits. Yes, Emma can earn arbitrage profits of $828.13.

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