You are a U$.$S$.-$based treasurer with $$1,000,000$ to invest. The dollar$-$euro exchange rate is

quoted as and the dollar$-$pound exchange rate is quoted at $$2\mathrm{.}00=1\mathrm{.}00.$ If a

bank quotes you a cross rate of how much money can an astute trader make?

A$)$ No arbitrage is possible

B$)$ $$1,160,000$

C$)$ $$41,667$

$$1000000=$$$1000000$

D$)$ $$40,000$