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Assume the following information: Quoted Bid Price Quoted Ask Price Value of a Brazilian real ( BRL ) in $ $ 0 . 2 0

Assume the following information:
Quoted Bid Price Quoted Ask Price
Value of a Brazilian real (BRL) in $ $0.20 $0.21
Value of a Chilean peso (CLP) in $ $.0010 $.0011
Value of a Brazilian real (BRL) in
Chilean peso (CLP) CLP212.50 CLP212.75
Evan has $80,000 to conduct triangular arbitrage. What will be Evan's profit from implementing this strategy?
Question 20 options:
$567.29.
$952.38.
$631.24.
$829.63.

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