Consider the following (hypothetical) FX quotations at leading banks: Citibank quotes the USD / Euro rate as Barclays quotes the USD/GBP rate as Deutsche Bank quotes the Euro / GBP rate as USD 1.0800= 1 Euro USD 1.3114 = 1 GBP Euro 1.2145= 1 GBP 1. a) Using Cross-rates, come up with a quotation for the Euro/GBP rate 2. b) Is there an opportunity to make some money, through Triangular Arbitrage? Show all your workings