Font 2 Paragraph La Arbitrage IF 1. A corporate treasurer for Bayer in Germany calls Citibank in New York City and Barclays in London. Both banks give the following quotes at the same time: Citibank NYC Barclays London $0.7551-61/ $0.7565-75/ Demonstrate how the corporate treasury could make geographic arbitrage profit with the two different exchange rate quotes. Are there any risks? 2. The Venezuelan government officially floated the Venezuelan Bolivar Fuerte (VEF) in February 2002. Within 30 days, its value had depreciated from VEF778/$ to VEF1025/$. On a per annum basis, how much had it changed