Please write out the solution with explanation thank you!

1. Assume you are a trader with Deutsche Bank. From the quote screen on your computer terminal, you notice that Dresdner Bank is quoting 0.7627/$1.00 and Credit Suisse is offering SFr1.1806/\$1.00. You learn that UBS is making a direct market between the Swiss franc and the euro, with a current E/SFr quote of .6395 . Show how you can make a triangular arbitrage profit by trading at these prices. (Ignore bid-ask spreads for this problem.) Assume you have $5,000,000 with which to conduct the arbitrage. What happens if you initially sell dollars for Swiss francs? What /SFr price will eliminate triangular arbitrage