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You observe the following exchange rate quotes: $ 1.1210 / EUR $ 1.2235/ GBP EUR 1.2512 / GBP If you start with $ 1 million,

You observe the following exchange rate quotes:

$ 1.1210 / EUR

$ 1.2235/ GBP

EUR 1.2512 / GBP

If you start with $ 1 million, what arbitrage profit in dollars can you make using triangular arbitrage?

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