Question: Please answer this only if you are confident with the answer. 2. A currency trader has EUR 95,000,000 available (EUR Euro). These are the available

Please answer this only if you are confident with the answer.

2. A currency trader has EUR 95,000,000 available (EUR Euro). These are the available exchange rates: SBRLCLP) = 0.0051, s(EURCLP) = 0.0014, and S(BRL/EUR)-4.2356 (BRL = Brazilian Real, CLP- Chilean Peso). Find the arbitrage profit. A. BRL 15,457,803.92 B. CLP 15,457,803.92 C. EUR 15,457,803.92 D. EUR 67,857,142,857.78 E. USD 15,457,803.92

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