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2. GT Bank Ghana Limited quotes JPY/EUR 155-165, and GCB Bank quotes EUR/JPY 0.0059-0.0063 a. Are these quotes identical? 3 MARKS b. If not, is

2. GT Bank Ghana Limited quotes JPY/EUR 155-165, and GCB Bank quotes EUR/JPY 0.0059-0.0063 a. Are these quotes identical? 3 MARKS b. If not, is there an opportunity for arbitrage? 3 MARKS c. If there is an opportunity for arbitrage, how would one profit from it? 2 MARKS

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