need help with both please.

Question 23 (4 points) A currency dealer can borrow $910,000 (or the equivalent in euros) for one year. The one-year interest rate is 7.80% in the U.S. and 3.10% in the euro zone. The spot exchange rate is $1.5036/1.00 and the one-year forward exchange rate is $1.5942/1.00. What arbitrage profit results if the trader borrows the maximum available funds? $95,537.29 OR 59,928.05 $8,632.67 OR 5,415.05 $13,762.21 OR 8,632.67 $67,756.94 OR 42,502.16 $42,770.00 OR 26,828.50 $19,129.47 OR 11,999.42 Question 24 (4 points) Suppose that the one-year interest rate is 5.35% in the United States and 6.53% in Germany. The spot exchange rate is $1.4937/1.00. What should the one-year forward rate be to preclude arbitrage profits? $1.5736/1.00 $1.5912/1.00 $1.2896/1.00 $1.1916/1.00 $1.4772/1.00