Royal bank quotes a value for the japanese yen (¥) of $0.007, and a value for the canadian dollar (c$) of $0.821. the cross exchange rate quoted by the bank for the canadian dollar is ¥118.00. you have $500,000 to conduct triangular arbitrage. how much will you end up with if you conduct triangular arbitrage?

If you have $500,000 and the yen exchange rate is .007, you would have

500,000/.007 = 71,428,571.43 yen

Then, if the exchange rate to Canadian dollars is 118 then you would have

71428571.43/118 = 605,326.88 dollars

Then if the exchange rate back to US dollars is .821, you would end up with

605,326.88 / .821 = $737,304.36

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.