6) (6 pts) Assume the bid rate of a Swiss Franc is $1.155 (US$1.155/1 CHF) while the ask rate is $1.156 (US$1.156/1 CHF) at Bank X. Assume the bid rate of the Swiss Franc is $1.158 while the ask rate is $1.159 at Bank Y. Given this information, what would be your gain if you use $100,000 and execute locational arbitrage? That is, how much will you end up with over and above the $100,000 you started with? sell at Bank X buy at Bank 115,900/1.155 100,000 X1.159 -$100,346.32 - 115900 CHE Profit in US dollars $346.32 b) What changes should occur in the prices of CHF as this locational arbitrage occurs? CHF weaken