can you please help me with Q 2 and 3 please with showing the work. thx

2. Calculate the following cross exchange rates: a. SSE $1.65/E and S 0.64/E. What is the SS hange rate? b. S 0.75/$ and S a 0.64/. What is the SS hange rate? 3. You are given the following exchange rates: $/E $1.35 in New York SEE 1.85 E in London EIS 0.75 in Frankfurt Is there an arbitrage opportunity? If there is an arbitrage opportunity, how much profit will you make ifyou start with 1,000,000. Hint: Use the equation Sdle x self x Sfid to test for an arbitrage opportunity