LUUSLUHU.Vo Portal Assume the following information: Wells Fargo Capital One Bid price of Swedish krona $0.12 $0.14 Ask price of Swedish krona $0.13 $0.15 Given this information, is locational arbitrage possible? If so, explain the steps involved in locational arbitrage, and compute the profit from this arbitrage if you had $1,000,000 to use. One could purchase Swedish krona at Wells Fargo for $0.13 and sell them to Capital One for $0.14. With $1 million available, my profit will be $76,923.08. One could purchase Swedish krona at Capital One for $0.12 and sell them to Wells Fargo for $0.15. With $1 million available, my profit will be $30,000. One could purchase Swedish krona at Capital One for $0.12 and sell them to Wells Fargo for $0.15. With $1 million available, my profit will be $250,000. One could purchase Swedish krona at Wells Fargo for $0.13 and sell them to Capital One for $0.14. With $1 million available, my profit will be $10,000