How a market trader can make an intermarket

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Reference no: EM132652284

Question 1 : Assume the following quotes: USD1.6780/Pound, euro0.6560/Pound, and USD0.8650/euro. Calculate how a market trader with $1 million can make an intermarket arbitrage profit.

Select one:

a. $338,164.48

b. $1,957,140.84

c. $2,957,140.84

d. $9,571.41

Reference no: EM132652284

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