Question: 2. By using the below mentioned quotes, calculate whether the market trader with $1000000 can make an arbitrage profit or not. If yes, how

2. By using the below mentioned quotes, calculate whether the market trader

2. By using the below mentioned quotes, calculate whether the market trader with $1000000 can make an arbitrage profit or not. If yes, how much is the arbitrage profit? Banks Bid Ask BNP Paribas $1.3012/ $1.3016/ Bank of Scotland $1.3020/ $1.3026/

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