10 points Money and foreign exchange markets in New following information is available change markets in New York Ka y e The por exchange rate One year tresury rate Expected inflation rate Yuan 7.00USS 1.50 Yuan 7.00/USS What does the Fisher Open suggest the Year b. In her Open st the currency would you prefer to US exchange rate bine d os reales for the 10 points 17. The following exchange rates are available to you. (You can buy or sell at the stated rates.) Assume you have an initial 1 million dollars. Can you make a profit via triangular arbitrage? If so, show the steps and calculate the amount of profit in dollars. Mt. Eta Bank $1.29420/GBP Mt. Blanc Bank Eurol.18413/GBP Mt. Rushmore Bank $1.0920/euro 10 points 17. The following exchange rates are available to you. (You can buy or sell at the stated rates.) Assume you have an initial 1 million dollars. Can you make a profit via triangular arbitrage? If so, show the steps and calculate the amount of profit in dollars. Mt. Eta Bank $1.29420/GBP Mt. Blanc Bank Eurol.18413/GBP Mt. Rushmore Bank $1.0920/euro