Based on the following information, is there an arbitrage opportunity? If yes, what is the profit in terms of a percentage? For the euro, Bank A: $1.2-1.23 Bank B: $1.25-1.28

Answer choices:

A. No.

B. Yes, 6.67%.

C. Yes, 1.63%.

D. Yes, 1.6%.

E. Yes, 4.69%.