Compute the profit from this strategy

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Reference no: EM133090435

Question - Assume the following information:

1. Given this information, is triangular arbitrage possible? Why?

2. If triangular arbitrage is possible, explain the steps that would reflect triangular arbitrage and compute the profit from this strategy if you had $1 million to use.

3. What market forces would occur to eliminate any further possibilities of triangular arbitrage?

Reference no: EM133090435

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