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You have the following spot bid and ask rates between the Danish Krone (DKK), the Chinese yuan (CNY), and the United States dollar (USD); Bid

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You have the following spot bid and ask rates between the Danish Krone (DKK), the Chinese yuan (CNY), and the United States dollar (USD); Bid Ask USD 0.1621/CNY USD 0.1637/CNY CNY 10473/DKK CNY 1.0579/DKK USD 0.1585/DKK USD 0.1601/DKK Which of the following is the closest to the arbitrage profit that is possible at these rates? O a 5.6996 O b. 6,04% c. 5.88% Od 6.44% 9.26%

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