How much profit can you earn on 44966 using triangle, Financial Management

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How much profit can you earn on 44966 using triangle

In New York, you can exchange $1 for €0.8625 or £0.6572. Suppose that, in Berlin, £1 costs €1.2543. How much profit can you earn on $44,966 using triangle arbitrage?

Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

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Financial Management: How much profit can you earn on 44966 using triangle

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Financial Management: How much profit can you earn on 44966 using triangle

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