Assume the Following Information:​ Exchange Rate of Japanese Yen in U.S

Multiple Choice

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?

A) ​$100,000
B) ​-$90,909
C) ​10 percent
D) ​-9.09 percent