Suppose that Cloudastries Bank is a U$.$S$.-$based financial intermediary that serves the foreign exchange market. Assume that this bank is willing to

both purchase and sell currency for the same rate. In other words, assume there is no bid$/$ask spread.

Suppose Cloudastries has made the following direct quotations:

Additionally, Cloudastries has quoted a cross exchange rate of $1$ euro $=4\mathrm{.}05$ pesos.

Suppose that you have $$10,000$ with which to try to capitalize on triangular arbitrage. To start, you exchange these dollars for euros.

If you use all $$10,000$ to purchase euros from Cloudastries, you would receive

$\text{'}$ euros.