The table below shows the bid and offer (ask) exchange rates quoted in London:

Bid	Offer
EURUSD	?	1.2135
USDCHF	0.898	0.8985
USDJPY	110	110.1
USDRUB	?	?
USDTRY	8.503	8.511
EURTRY	10.3141	?
RUBTRY	0.118097222	0.11837274

REQUIREMENTS

(a) Calculate the bid and offer exchange rates missing in the table. (6 marks)

(b) How much Swiss francs (CHF) can I buy with my 1 million euros? (3 marks)

(c) Suppose, bid and offer for USDCHF in Tokyo are 0.887 and 0.8875. How much arbitrage profit can a Japanese investor with 1 million yens make? Hint: the transactions of this Japanese investor involve buying and selling currencies int Tokyo and London.