A Moving to another question will save this response Question 8 [10 marks) Suppose you are given the following exchange rates. You have $100,000 Quote Bid price Quote Ask price $1.21 s.201 Value of a British pound in US Dollars |$1.20 Value of a Malaysian ringgit (MYR) in U.S. S.200 dollars Value of a British pound in Malaysian ringgit MYR 6.10 KMYR) MYR 6.20 1. Explain how you could benefit from engaging in triangular arbitrago? Justify your answer and show the steps of calculations, 2 Explain how the realignment would occur and the impact of this triangular arbitrage? For the toolbar, press ALT F10 (PC) O ALT-FN-F10(Mac). Paragraph Arial 10pt A 2 v E > T. X X The