You find the spot exchange rates offered by three banks in the table below.

Bank of America:

$1\mathrm{.}1500$ USD per Euro $($USD$/$EUR$)$

HSBC Bank:

$0\mathrm{.}1500$ USD per Hong Kong dollar $($USD$/$HKD$)$

Deutsche Bank:

$0\mathrm{.}1000$ Euro per Hong Kong dollar $($EUR$/$HKD$)$

Is there any arbitrage opportunity to trade with the three banks? If there is$,$ how much is the arbitrage profit $($if you are able to trade up to $$1$ million US dollars for the arbitrage$)?($pick the closest answer$)$

Answers:

A$.$

Yes, we can make $478,985$ USD arbitrage profit.

B$.$

Yes, we can make $304,348$ USD arbitrage profit.

C$.$

No$,$ there is no profitable arbitrage opportunity.

D$.$

Yes, we can make $233,333$ USD arbitrage profit.