Suppose you have $769,859 to invest. You obtained exchange rate quotes as below. American Term Bid Ask British Pound 1.5386 1.5408 Euro 1.3065 1.3182 Euro/Pound 1.1346 1.1518 Is there an arbitrage opportunity? If so, calculate your arbitrage profit (in dollars) and write your answer in the answer box. If not, write "0.00" in the answer box. Answer Format: Keep two decimal places. Do not include unit. Example: 1.12 or 0.00