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1. Given a spot exchange rate quote for GBP/USD at 1.4570 and a spot exchange rate quote for USD/JPY at 128.17, is there an arbitrage

1. Given a spot exchange rate quote for GBP/USD at 1.4570 and a spot exchange rate quote for USD/JPY at 128.17, is there an arbitrage opportunity with a cross-rate quote for GPB/JPY at 183.00? If so, what steps would be needed to execute the trade, and what would be the expected profit given $1M notional?

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