Question: Need help with 6, 7, 8. I know Im doing the work wrong The table below presents quotes and cross-quotes on BP and SF. Please

Need help with 6, 7, 8. I know Im doing the work wrong
 Need help with 6, 7, 8. I know Im doing the
work wrong The table below presents quotes and cross-quotes on BP and

The table below presents quotes and cross-quotes on BP and SF. Please answer the next 3 questions based on this information. Price for BP in + | Price for SF in" | Price for BP in New York (in $) | Chicago (in $) | Zurich (in SF) S 1.725 for 1 BP $ 0.645 for 1SF SF 2.75 for 1 BP e thire steps which will create triangular arbitrage profit are as follows: first step. convernt second step, convert -, and third step, convert profit are as follows: first step, convert Sto BP: BP to SF: SF to $ so 5217. b $ to SF:SF to BP: BP to $ $ to BP: SF to BP; SF to S $ to SF; BP to SF; BP to S 1,725 BP SF 7. If the speculator has access to $20,000,000, calculate the maximum proft in one triangular transaction 3,460,285 549,683 , sos,217 565,217 If all traders use triangular arbitrage to maximize profits, then the dollar price of BP for the New York dealer will Jthe SF price of BP for the Zurich dealer will Pas; and the dollar price of SF for the Chicago dealer will Peasia a increase, decrease, decrease increase, increase, decrease decrease, increase, increase decrease, decrease, increase

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