2 Suppose the Japanese yen exchange rate is 74.47 = $1, and the British pound exchange rate is $1 = $1.54. exchange 10 points a. What is the cross-rate in terms of yen per pound? (Do not include the yen sign (). Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. Suppose the cross-rate is 117 = 1. What is the arbitrage profit per dollar? (Do not round Intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) eBook Print 115.10 a. Cross-rate b. Arbitrage profit per dollar References