You can buy a euro for 14 pesos. The bank will pay you 13 pesos for a euro. You can buy a U.S. dollar for 0.9 euros. The bank will pay you 0 .8 euros for a U.S. dollar. You can buy a U.S. dollar for 10 pesos. The bank will pay you 9 pesos for a U.S. dollar. You have $1,000. Is generating profit possible and if so, explain the order of the transactions that you would execute and the profit that you would earn. If you cannot earn a profit, explain why.