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Determine the triangular arbitrage profit

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The Dollar to Euro spot exchange rate is $1.3687/€1.00, the Dollar to Yen spot exchange rate is $0.009346/¥1.00, and the Euro to Yen spot exchange rate is €0.007020/¥1.00. Determine the triangular arbitrage profit that is possible if you have $10,000,000.

Reference no: EM132068450

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