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D Question 14 15 pts Based on the below 3 quotes, examine if any arbitrage gains are possible. I've what is the cross-currency arbitrage opportunity

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D Question 14 15 pts Based on the below 3 quotes, examine if any arbitrage gains are possible. I've what is the cross-currency arbitrage opportunity for USD 1 million? USD/UK pound -0.5591 (i.e. 1 USD -0.5591 UK pound) UK pound/Euro = 1.4521 (i.e. 1 UK pound - 1.4521 Euro) USD/Euro = 0.8128 (i.e. 1 USD - 0.8128 Euro) 0 111,012 USD 0 1,147 USD 1,532 Euro O 3.927 UK pound

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