Suppose the following exchange rates are available:ANZ Bank: Australian dollars per pound sterlingWestpac Bank: Australian dollars per Euro:HSBC Bank: Euro per pound sterling:

A$$1\mathrm{.}8410/$E

A$$1\mathrm{.}2223/$E

e$1\mathrm{.}5100/$E

You start with $20\mathrm{.}000$ AUD. What would be the profit from this triangular arbitrageopportunity?

A$.$ A$$50\mathrm{.}7660.$

B$.$ A$$51\mathrm{.}6374$

O C$.$A$$52\mathrm{.}3345$

O D$.$There is no triangular arbitrage opportunity.