What is the profit in swiss francs

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The following exchange rates are available to you. (You can buy or sell at the stated rates.) Mt. Fuji Bank ¥92.00/$Mt. Rushmore Bank SF1.02/$Mt Blanc Bank ¥89.58/SF Assume you have an initial SF12,000,000. What is the profit in Swiss francs (Swissies).

Reference no: EM132774569

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