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2. Triangular Arbitrage Assuming the following quotes, calculate how a market trader at Citibank with S1,000,000 can make an intermarket arbitrage profit Citibank quotes U.S.

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2. Triangular Arbitrage Assuming the following quotes, calculate how a market trader at Citibank with S1,000,000 can make an intermarket arbitrage profit Citibank quotes U.S. dollar per pound National Westminster quotes euros per pound: Deutschebank quotes U.S. dollar per euro $1.5900/ 1.20008 $1.3245/

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