1. Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.1211 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.0412 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)?Enter your answer rounded off to FOUR decimal points.

2. In New York, you can exchange $1 for 0.8569 or 0.6727. Suppose that, in Berlin, 1 costs 1.2573. How much profit can you earn on $47,485 using triangle arbitrage? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

3.The exchange rate is 1.0956 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 1 Swiss franc?Enter your answer rounded off to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.