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If the direct quote for converting Canadian dollars to euros is 0.7488 and the cross rate for Canadian dollar-euro is 0.7479, what three simultaneous trades

If the direct quote for converting Canadian dollars to euros is 0.7488 and the cross rate for Canadian dollar-euro is 0.7479, what three simultaneous trades could you make to profit from the arbitrage opportunity created by this pricing differential?

A. Trade U.S. dollars for euros, trade euros for Canadian dollars, and trade Canadian dollars for U.S. dollars. B. Trade Canadian dollars for U.S. dollars, trade U.S. dollars for euros, and trade euros for Canadian dollars. C. Trade U.S. dollars for Canadian dollars, trade Canadian dollars for euros, and trade the euros for U.S. dollars. D. Trade euros for U.S. dollars, trade U.S. dollars for Canadian dollars, and trade Canadian dollars for euros.

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