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You are a US-based treasurer with USD 1,250,000 to invest. Your bank quotes you the following exchange rates: USD 1.00 / EUR and EUR 1.25 / GBP and GBP 0.64 / USD. What is your arbitrage profit in USD if you take advantage of triangular arbitrage?

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You are a US-based treasurer with USD 1,250,000 to invest.  Your bank quotes you the following exchange rates:

USD 1.00 / EUR and EUR 1.25 / GBP and GBP 0.64 / USD.  What is your arbitrage profit in USD if you take advantage of triangular arbitrage?

 
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