Firstly A table sells for $1,234 in the US. The price in Europe is $4,567. What is the opportunity to make a profit from this situation? What is the price in Europe in euros today?_The current exchange rate is 1.00 = $1.2175._After the table is sold, the revenue has to be converted to dollars. The exchange rate changed and is 1.00 = $1.2205._After converting the euro revenue to dollars, what is the profit in dollars? How does the actual profit compare to the expected profit? Was this a good decision? Then define the spot market and the forward market for FEX. The exchange rate in the spot market for the British pound is 1.00 = $1.3228. The 90-day forward rate is 1.00 = $1.3239. Is the pound getting stronger or weaker compared to the US dollar? Why and how can an investor make a profit from the rates in question at the beginning. Which currency should the investor go long and which currency go short? Why? and what is political risk? How would you recommend the company manage political risk? Then, lastly can the foreign exchange market be regulated? Why or why not?