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I need step by step solution Time left 1:24:40 Naty answered An analyst gathered the following spot rate quotes from the interbank market: USD/GBP: 1.5286-1.5289

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Time left 1:24:40 Naty answered An analyst gathered the following spot rate quotes from the interbank market: USD/GBP: 1.5286-1.5289 JPY/USD: 81.79-81.82 Jarked out of 2.00 USD/EUR: 1.4251-1.4254 Flag question CAD/USD: 0.9563-0.9566 Based on these quotes: A. If a dealer quoted a bid-offer rate of 87.5007-87.5589 in JPY/CAD, Is there a possibility of a triangular arbitrage if yes construct a strategy by investing 1,000,000 from any currency and what will be the return on investment. B. If a dealer quoted a bid-offer rate of 0.9011-0.9015 in GBP/ EUR, Is there a possibility of a triangular arbitrage if yes construct a strategy by investing 1,000,000 from any currency and what will be the percentage of profit. Time left 1:24:40 Naty answered An analyst gathered the following spot rate quotes from the interbank market: USD/GBP: 1.5286-1.5289 JPY/USD: 81.79-81.82 Jarked out of 2.00 USD/EUR: 1.4251-1.4254 Flag question CAD/USD: 0.9563-0.9566 Based on these quotes: A. If a dealer quoted a bid-offer rate of 87.5007-87.5589 in JPY/CAD, Is there a possibility of a triangular arbitrage if yes construct a strategy by investing 1,000,000 from any currency and what will be the return on investment. B. If a dealer quoted a bid-offer rate of 0.9011-0.9015 in GBP/ EUR, Is there a possibility of a triangular arbitrage if yes construct a strategy by investing 1,000,000 from any currency and what will be the percentage of profit

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