Suppose you specialize in cross-rate arbitrage, and you notice the following quotes Pound sterling dollar -1064845 euro/dollar - 1.05 Suppose a bank offers the following quote, euro Pound sterling 1665 Do you have an arbitrage opportunity based on these quotes? If you do, what steps would you take to make an arbitrage probit, and by how much would you profit if you have 51,000,000 available for this purpose