Question: Using the forward rates from Barchart, combined with the current interest rates from CNBC Bonds page, evaluate if interest rate parity holds for the GBP/USD

Using the forward rates from Barchart, combined with the current interest rates from CNBC Bonds page, evaluate if interest rate parity holds for the GBP/USD exchange rate predicted for 1 year from now. (Note: you can use bid/ask midpoint for question 3)

(a) Show the arbitrage profits available if you have $1,000,000

(b) Compare the Barchart forward price to the CME group futures price. How would you arbitrage this difference? Show the steps you would take and the profits available to a $1,000,000 investment

please shownthe detail information for this questions! thanks!

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