Two separate banks have quoted the following exchange rates: Are there any profitable arbitrage strategies? If so, what is the expected profit if you have 10,000 units of the starting currency? Bank X Bank Y A$ 1.1100 / USS MXN 5.0100/ 0.7900 / A$ 0.8200/5$ US$ 1.1404/ MXN 4.2082/5 A. Implement locational arbitrage by buying from Bank Y and selling USS to Bank X. Profit = 243.41. Implement triangular arbitrage within Bank Y, by selling in exchange for S$, selling S$ in exchange for MXN, then selling MXN in exchange for . Profit = 432.41. Implement triangular arbitrage within Bank Y, by selling in exchange for MXN, selling MXN in exchange for SS, then selling S$ in exchange for Euros. Profit = 243.41. D. There are no profitable arbitrage strategies. E. None of the options. B