Finance-Could an arbitrageur exploit the following situation

| January 31, 2017

Question
Could an arbitrageur exploit the following situation; in London the quotes are EURUSD 1.49 and EURCAD 1.55 and in New York the quote is CADUSD 0.95. If so, what is the profit in terms of dollars?

A. $0.023

B. $0.001

C. $0.012

D. $0.000

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