Question: Answer this and the next question using the information below. Given the following quotes Bank of America: 1.5900 S/2 Citibank Wells Fargo Is there an

 Answer this and the next question using the information below. Given

Answer this and the next question using the information below. Given the following quotes Bank of America: 1.5900 S/2 Citibank Wells Fargo Is there an arbitrage opportunity? Select one: 1.2000 E/S 0.7550 S/E O c. Can't determine If you attempt a triangular arbitrage with $1,000,000 on the above set of exchange rates, how much arbitrage profit will you end up with? Select one: a. $754,966.89 b. $754,966.89 ? O ?. S430.188.68 d"-$430.188.68 e. $o

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