Assume the following information:   Exchange rate of Jap…

Assume the following information:   Exchange rate of Japanese yen in U.S. $ = $.011 Exchange rate of euro in U.S. $ = $1.40 Exchange rate of euro in Japanese yen = 140 yen   What will be the yield for an investor who has $1,000,000 available to conduct triangular arbitrage?

National Bank quotes the following for the British pound and…

National Bank quotes the following for the British pound and the New Zealand dollar:     Quoted Bid Price Quoted Ask Price Value of a British pound (£) in $      $1.61      $1.62 Value of a New Zealand dollar (NZ$) in $        $.55        $.56 Value of a British pound in        New Zealand dollars NZ$2.95 NZ$2.96   Assume you have $10,000 to conduct triangular arbitrage. What is your profit from implementing this strategy?