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The table below presents quotes and cross-quotes on GBP and CHF. Price for GBP in Price for CHF in New York (USD/GBP) Chicago (USD/CHF) 1

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The table below presents quotes and cross-quotes on GBP and CHF. Price for GBP in Price for CHF in New York (USD/GBP) Chicago (USD/CHF) 1 GBP = USD 1.725 1 CHF = USD 0.645 Price for CHF in London (GBP/CHF) 1 CHF = GBP 0.365 If a trader has access to $10,000,000, calculate the maximum profit in one triangular transaction. $4,061,081 $244.193 $ 30,482,876 $ 238,372

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