harry8390 harry8390
  • 24-05-2023
  • Business
contestada

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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