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Assuming the following quotes, calculate how a market trader at Citibank with $1,000,000can make an intermarket arbitrage profit. Citibank quotes U.S. dollar per pound as

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Assuming the following quotes, calculate how a market trader at Citibank with $1,000,000can make an intermarket arbitrage profit. Citibank quotes U.S. dollar per pound as $1.5738/, National Westminster quotes euros per pound as 1.2044/ and Deutschebank quotes U.S. dollar per euro as $0.7627/. Numeric Response

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