Besides the bid and ask quotes for the Thai baht provided in the previous question, Minzu Bank has provided the following quotations for the U.S. dollar and the Japanese yen:
Determine whether the cross exchange rate between the Thai baht and Japanese yen is appropriate. If it is not appropriate, determine the profit you could generate for Blades by withdrawing $\$ 100,000$ from Blades" checking account and engaging in triangular arbitrage before the rates are adjusted.
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