Solve for Part 6 please

Problem 9 Intro You have $11,000 and observe the following exchange rates: Bid Ask Exchange rate Value of euro in U.S. dollars $1.15 $1.16 $0.99 $1 Value of Swiss franc in U.S. dollars Value of euro in Swiss francs CHF1.11 CHF1.12 - Attempt 1/6 for 10 pts. Part 1 What is the no-arbitrage value of the euro in Swiss francs (the cross exchange rate)? 2+ decimals Submit Part 2 | Attempt 2/5 for 8 pts. Is there an arbitrage opportunity? If so, what should you do to exploit it? O Yes: buy euros with Swiss francs O No O Yes: buy Swiss francs with euros Part 3 | Attempt 1/6 for 10 pts. How many Swiss francs do you get from converting your dollars? 0+ decimals Submit Part 4 Attempt 1/6 for 10 pts. How many euros do you get from converting your Swiss francs? 0+ decimals Submit Part 5 | Attempt 1/6 for 10 pts. How many dollars do you get from converting your euros? 0+ decimals Submit Part 6 | Attempt 1/6 for 10 pts. What is your profit from exploiting the opportunity once (in $)? 0+ decimals Submit Problem 9 Intro You have $11,000 and observe the following exchange rates: Bid Ask Exchange rate Value of euro in U.S. dollars $1.15 $1.16 $0.99 $1 Value of Swiss franc in U.S. dollars Value of euro in Swiss francs CHF1.11 CHF1.12 - Attempt 1/6 for 10 pts. Part 1 What is the no-arbitrage value of the euro in Swiss francs (the cross exchange rate)? 2+ decimals Submit Part 2 | Attempt 2/5 for 8 pts. Is there an arbitrage opportunity? If so, what should you do to exploit it? O Yes: buy euros with Swiss francs O No O Yes: buy Swiss francs with euros Part 3 | Attempt 1/6 for 10 pts. How many Swiss francs do you get from converting your dollars? 0+ decimals Submit Part 4 Attempt 1/6 for 10 pts. How many euros do you get from converting your Swiss francs? 0+ decimals Submit Part 5 | Attempt 1/6 for 10 pts. How many dollars do you get from converting your euros? 0+ decimals Submit Part 6 | Attempt 1/6 for 10 pts. What is your profit from exploiting the opportunity once (in $)? 0+ decimals Submit