Three different banks have sent their special quotation to Mr Hertz. Based on the quotation given below, Mr Hertz instructed you to determine the triangular arbitrage profit for Cherry Blink if you are given CHF5,000,000.
Bid
Ask
Bank X
CHF 0.9855/USD
CHF 0.9858/USD
Bank Y
CHF 0.117/HKD
CHF0.1174/HKD
Bank Z
USD 0.1279/HKD
USD 0.1283/HKD
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