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Chris Jones has $1,000,000 to engage in triangular arbitrage. The following quotes on the UK pound (GBP) and Mexican Peso (MXN) and USD are available

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Chris Jones has $1,000,000 to engage in triangular arbitrage. The following quotes on the UK pound (GBP) and Mexican Peso (MXN) and USD are available from Banks A, B, and C Bank B: 28 MXN = 1 GBP Bank C: 0.7752 GBP = Bank A: 19 MXN= 1USD 1 USD Question 14: Determine the peso to GBP cross rate between Banks A and C: [ Select] Question 15: How much profit can an astute trader with $2,500,000 make through triangular arbitrage? Round to the nearest $1000 Select

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