Question: Question 4 1 pts The table below presents quotes and cross.quotes on BP and SF Price for BP in New York tis) S 1.725 for

 Question 4 1 pts The table below presents quotes and cross.quotes

Question 4 1 pts The table below presents quotes and cross.quotes on BP and SF Price for BP in New York tis) S 1.725 for IBP Price for SF in Chicato in ) $0.645 for I SE Price for SF in London in BP BP 0.365 for I SF The three steps which will create triangular arbitrage profit are as follows: first step. convert_second step. convert and third step. convert Sto SE BP TO SF BP to $ 5 to SF SF to BP BP to 5 Sto BP BP to SF SF to $ Sto BP: SF to BP: SF tos

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