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An arbitrager finds the following quotes for the British pound and the euro: Value of a British pound () in $ is $1.38/; Value of

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An arbitrager finds the following quotes for the British pound and the euro: Value of a British pound () in $ is $1.38/; Value of a euro () in $ is $1.20/; Value of a British pound in euros is 1.09/; Assume the arbitrager has $10,000 to conduct triangular arbitrage. What is her profit from implementing this strategy to the nearest dollar? Select one: a $108 b. $1,429 c. $550 d. $214

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