I. Suppose that you are a dealer at CitiBank. Your transactions. Sometimes, the foreign exchange market generates a risk free profit due to a market buy low and sell high. This practice will be a boon to an individual who constantly observe the FX market. Please take a look at the following dealers price quotation for currencies duty is to make a profit through financial discrepancy. In other words, a dealer's ask price is not consistent with a financial axiom: Since you are an active trader at CitilBank, the bank is allowed for you to use $5,000,000 for a FX. trading today. Nomura Bank: S (WS)-1,125.81 Credit Suisse: S (0 Gookmin Bank: sA (W-10.1000 SAMR (-0.008967 1.Is thene any arbitrage profit? Explain, (10 points) 2. Show the steps you would do to explore an arbitrage profit if any (5 points)