Peter Discovered an Arbitrage Opportunity Based on the Following Exchange $\le$

Peter discovered an arbitrage opportunity based on the following exchange rates:
$1US = EUR 1.1257
$1US = $\le$ .6928
1 $\le$ = EUR 1.65
If you start with $1, how much of a profit can you earn in U.S. dollars by exchanging currencies given these rates?

A) $.013
B) $.015
C) $.019
D) $.021
E) $.023