(15 points) Mr. Bernard is a currency trader, who specializes in cross-rate arbitrage (triangular arbitrage). He notices the following quotes: Swiss francidollar = SFr 1.5971/5 Australian dollarU.S. dollar = A\$1.8215/\$ Australian dollar/Swiss franc =A$1.1440/SFr a. (3 points) Based on these quotes, does Mr. Bernard hav arbitrage opportunity if transaction costs are negligible? Please shour calion. a (4 points) How much can he make in dollar terms by taking the arbitrage opportunity? Please show your calculation. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)