Assume the following information: Chase Wells Fargo Bid price of Malaysian ringgit MYR 4.5 / $ MYR 4.3 / $ Ask price of Malaysian ringgit MYR 4.4 / $ MYR 4.2 / $ (Note: All exchange rates here are quoted in the indirect way). Given this information, is locational arbitrage possible? If so, compute the profit from this arbitrage if you had $1,000,000 to use. What market forces would occur to eliminate any further possibilities of locational arbitrage?