The Australian dollar is trading at A$1.2653 / US$. The euro is trading at Euro 0.6200 / US$.

The Australian dollar is trading at A$1.2653 / US$. The euro is trading at Euro 0.6200 / US$. If the rate between Euro and Australian dollar is Euro 0.4900 / A$, is there a profit opportunity through arbitrage? If so, work out the profit, if your starting amount is $100