harry8390 harry8390

24-05-2023
Business

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Given the following information, is triangular arbitrage possible? If so, detail the steps necessary to carry out triangular arbitrage and compute the profit from this strategy if the arbitrageur had ¥1,000,000 to use.
Value of a dollar in Japan ¥129.87
Value of a dollar in Sweden SKr 2.00
Value of a Krona in Japan ¥65.00

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