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Suppose you observe the following quotes: $2.1/E $1.95/BP ACR: BP1.05/E Find the maximum profit (in terms of USD) available to someone with access to 10

Suppose you observe the following quotes:

$2.1/E

$1.95/BP

ACR: BP1.05/E

Find the maximum profit (in terms of USD) available to someone with access to 10 million USD at a rate of 2%.

-$475,000

$56,410.26

$256,410.26

Triangular arbitrage profit is not possible.

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