International Finance: Arbitrage Chain
Looking for help in how to approach finding an arbitrage chain that starts with USD given the following information: 1. JPY/USD: Bid-102.000 Ask-103.000 2. JPY/CHF: Bid-97.000 Ask-98.000 3. CHF/USD: Bid-1.0600 Ask-1.0620 Cross Bid-1.04082 Ask-1.06186