(a) Suppose you observe the following one-year interest rates, spot exchange rates and futures prices. Futures contracts are available on 10,000. How much risk-free arbitrage profit could you make on one contract at maturity from this mispricing? Interest Rate APR So ($/ ) Exchange Rate $1.45 = 1.00 $1.48 = 1.00 is 4 F360 ($/ ) ie 38 (b) From the perspective of the writer of a put option written on 62,500. If the strike price is $1.55/, and the option premium is $1,875, at what exchange rate do you start to lose money