Great Pyramids. Inspired by his recent trip to the Great Pyramids, Citibank trader Ruminder Dhillon wonders if

he can make an intermarket arbitrage profit using Libyan dinars $($LYD$)$ and Saudi riyals $($SAR$).$ He has USD

$1,000,000$ to work with so he gathers the following quotes. Is there an opportunity for an arbitrage profit?

Citibank quotes U$.$S$.$ dollar per Libyan dinar

National Bank of Kuwait quotes Saudi riyal per Libyan dinar

Barclays quotes U$.$S$.$ dollar per Saudi riyal

$$1\mathrm{.}8994=LYD1\mathrm{.}00$

SAR $1\mathrm{.}9667=LYD1\mathrm{.}00$

$$0\mathrm{.}2621=$ SAR $1\mathrm{.}00$

Calculate the profit $($loss$)$ from the intermarket arbitrage profit through path #$1$ below: $($Round to the

nearest cent.$)$

Path #$1$: US$ to riyals to dinars to US$

Start with US$