Question: Just need help with #1 and #2. Please show work. Thanks! Quoted currency in U.S. 1 1 $1.321 $1.326 $1.123 $1.125 1 1.173 1.171 C.

Just need help with #1 and #2. Please show work. Thanks! Just need help with #1 and #2. Please show work. Thanks! Quoted

Quoted currency in U.S. 1 1 $1.321 $1.326 $1.123 $1.125 1 1.173 1.171 C. 1. Find "appropriate cross exchange rates" (use five decimal points) a. Bid price for the value of in terms of = ? b. Ask price for the value of in terms of = ? Bid price for the value of in terms of = ? d. Ask price for the value of in terms of = ? 2. What is the quoted cross exchange rate in U.S. for of in terms of ? (use five decimal points) Quoted cross exchange rate of the Bid price in U.S. for the value of in terms of ? b. Quoted cross exchange rate of the Ask price in U.S. for the value of in terms of ? 3. Do we have an arbitrage opportunity? If so, which direction do we go? a. 4. If we have $100,000, how much profits can we make? (use two decimal points)

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