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Assume the following bid-ask quotes and calculate how the market trader can now make an intermarket arbitrage profit. Bank Quote Bid/Ask Bank A EUR/USD 1.10

Assume the following bid-ask quotes and calculate how the market trader can now make an intermarket arbitrage profit.

Bank Quote Bid/Ask

Bank A EUR/USD 1.1048-50

Bank B USD/JPY 134.23-25

Bank C EUR/JPY 148.40-43

No arbitrage rates for EUR/USD computed by quotes from Bank B and Bank C are (Answer?) as the bid rate and (Answer?) as the ask rate. (Use 4 digits and dot as the decimal separator)

Can the market trader make an intermarket arbitrage profit? Answer (yes/no)

If yes, how much is his/her arbitrage if the trader has USD1.000.000 funds available?

(Answer?) USD.

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