Suppose the Japanese yen exchange rate is 82 = $1, and the British pound exchange rate is 1 = $1.50.

a.	What is the cross-rate in terms of yen per pound? (Round your answer to 2 decimal places, e.g., 32.16.)
b.	Suppose the cross-rate is 130 = 1. What is the arbitrage profit per dollar used? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.)

Suppose the Japanese yen exchange rate is 82 = $1, and the British pound exchange rate is 1 = $1.50. a. What is the cross-rate in terms of yen per pound? (Round your answer to 2 decimal places, e.g., 32.16.) b. Suppose the cross-rate is \130 = 1. What is the arbitrage profit per dollar used? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) a. \/ Cross-rate b. Arbitrage profit