You are a US-based treasurer with $1,000,000 to invest. The dollar-euro exchange rate is quoted as $1.53 = 1.00 and the dollar-pound exchange rate is quoted as $1.83 = 1.00. If a bank quotes you a cross rate of 1.00 = 1.12 how much money can an astute trader make?

A)No arbitrage possible

B)$1,160,000

C)$41,667

D)$67,927