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You observe the following spot quotes for Swiss francs (SFr) and euros. What is the maximum profit you could earn (in terms of euros) via

You observe the following spot quotes for Swiss francs (SFr) and euros. What is the maximum profit you could earn (in terms of euros) via locational arbitrage if you have 220,000 at your disposal? Round intermediate steps to four decimals and your final answer to two decimals. Do not use currency symbols or words when entering your answer.

Bank A: SFr1.085-91

Bank B: .9215-88

Answer is: 107.81

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