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Calculate how a market trader

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Assuming the following? quotes, calculate how a market trader at Citibank with $1,000,000 can make an intermarket arbitrage profit.

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Citibank quotes U.S. dollar per pound $1.5463/£

National Westminster quotes euros per pound €1.2321/£

Deutschebank quotes U.S. dollar per euro $0.7096/€

Reference no: EM131014090

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