You have the following quotations for the Chinese yuan (CNY) and the Australian dollar (A$) at the HSBC Bank in China and National Australia Bank in Australia. Can you make a locational arbitrage profit? If yes, calculate the arbitrage profit if you have A$1.09 million or CNY3.99 million (enter the whole number without sign or symbol) Currency HSBC in China National Australia Bank in Australia Bid Ask Bid Ask Chinese yuan A$0.2004 A$0.2202 A$0.2452 A$0.2648 Australian dollar CNY4.4059 CNY4.9670 CNY3.7621 CNY4.1562