Determine the triangular arbitrage profit that is possible


The Dollar to Euro spot exchange rate is $1.3937/€1.00, the Dollar to Yen spot exchange rate is $0.009259/¥1.00, and the Euro to Yen spot exchange rate is €0.006836/¥1.00. Determine the triangular arbitrage profit that is possible if you have $3,000,000.

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Finance Basics: Determine the triangular arbitrage profit that is possible
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