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please solve the question The British pound trades at $1.3679 in London and $1.3668 in New York. If you have $10,000, which of the following

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The British pound trades at \$1.3679 in London and \$1.3668 in New York. If you have $10,000, which of the following transactions would NOT be desirable in making an arbitrage profit? Answer: [] a. Sell pound at FX rate in London b. Buy pound at FX rate in New York c. Sell dollars at FX rate in New York d. Sell dollars at FX rate in London

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