Question: Please provide step by step solution for these problems The table below presents quotes and cross-quotes on BP and SF. Please answer the next 3

Please provide step by step solution for these problems

The table below presents quotes and cross-quotes on BP and SF. Please answer the next 3 questions based on this information. Price for BPin Price for SF in Price for BP in New York (in S) Chicago (in S) Zurich (in SF) $ 1.725 for 1 BP 0.645 for 1 SF SF 2.75 for 1 BP

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