This is one question with four parts, please answer it in its entirety. Make sure you response is clear and easy to read! Thank you!!

QUESTION 56 1 points Save Answer Assume the following prices for the next four questions: The SF/$ spot exchange rate is 1.70, and the CD/$ spot rate is 1.2 and the SF/CD 1.3. Suppose you have $1,000,000. To engage in the triangular arbitrage, you follow the next steps. How much SF can you buy with the $1,000,000? SF1,200,000 SF 1,500,000 O SF 1,700,000 O SF 2,000,000 QUESTION 57 1 points Save Answer How much CD can you buy with the SF from the above transaction? O CD916,031 CD1,145,038 O CD1,297,710 O CD 1,307,692 QUESTION 58 1 points Save Answer How much $ can you buy with the CD from the previous transaction? O $1,073,157 O $1,089,744 O $1,099,237 $1,133,333 QUESTION 59 1 points Save Answer How much profit can you make from these transactions? O $73,157 $89,744 O $99,237 O $133,333