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Usd 1.725 for 1 gbp usd 0.645 for 1 chf gbp 0.365 for 1 chf the three steps which will create triangular arbitrage profit are as follows: first step, convert ____; second step, convert _______, and third step, conve

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In order to create triangular arbitrage profit, the steps are:

  1. Convert USD to GBP
  2. Convert GBP to CHF
  3. Convert CHF to USD.

What are the steps to create triangular arbitrage?

The amount that you get when you convert USD directly to CHF is $0.645.

But, if the USD was first converted to GBP and then to CHF, and back to USD, the amount would be:

= 1/1.725

= GBP 0.58

GBP to CHF:

= 0.58 / 0.365

= 1.588 CHF

CHF to dollar:

= 1.588 x 0.645

= $1.024

Which gives a profit of:

= 1.024 - 1 originally invested

= $0.024

Find out more on triangular arbitrage at https://brainly.com/question/24104077.

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