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You are working for a German bank and you have 1,000,000 EUR to invest. The euro is quoted at USD 1.35/EUR and the British pound

You are working for a German bank and you have 1,000,000 EUR to invest. The euro is quoted at USD 1.35/EUR and the British pound if quoted at USD 1.6/GBP. If another bank quotes you a cross-rate of EUR 1.25/GBP, how much money will you make (please give your answer in EURO and with two decimals, e.g. 45000.30)?

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