What is the maximum amount you can earn

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Suppose you observe the following quotes between euros and dollars at three dealers. Dealer A: $1.5550-59 Dealer B: $1.5545-61 Dealer C: €.6351-60

What is the maximum amount you can earn (in dollars) via locational arbitrage if you have access to 10 million dollars? Round intermediate steps to four decimals.

Reference no: EM132015808

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