Calculate your total profit from triangular arbitrage

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Reference no: EM13728748

You observe the following three exchange rates at which you can buy or sell (borrow or lend). Calculate your total profit from triangular arbitrage, reporting your total profit in $ (by first calculating the profit in British pounds and then converting).

Citibank ¥120.00/$

UBS £1.6000/$

Wells Fargo ¥80.00/£

Reference no: EM13728748

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