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You are a US-based treasurer with $1,000,000 to invest. The USD/EUR exchange rate is quoted as $1.50/ and the USD/GBP exchange rate is quoted

You are a US-based treasurer with $1,000,000 to invest. The USD/EUR exchange rate is quoted as $1.50/ and the USD/GBP exchange rate is quoted as $2.00/. If a bank quotes you a cross rate of 1.25/, what would your maximum arbitrage profit be? $99,999.99 $0 $66,666.67 $33,333.33

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