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Can you please show me the step by step process of how to get the answer? I. (25 points) Suppose that you are a dealer

Can you please show me the step by step process of how to get the answer?
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I. (25 points) Suppose that you are a dealer at CitiBank. Your duty is to make a profit through financial transactions. Sometimes, the foreign exchange market generates a risk free profit due to a market discrepancy. In other words, a dealer's ask price is not consistent with a financial axiom: buy low and sell high. This practice will be a boon to an individual who constantly observe the FX market. Please take a look at the following dealers' price quotes for currencies. Since you are an active trader at CitiBank, the bank is allowed for you to use 510,000,000 for a FX trading today. \begin{tabular}{l} Nomura Bank: SEINBID (CAD/USD) =1.2747 \\ Credit Suisse: SSDEBD (USD/EUR) =1.1289 \\ Gookmin Bank: SAK (CAD/EUR) =1.4108 \\ \hline \end{tabular} Explore and compute an arbitrage profit by describing each of the steps to make the arbitrage profit

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