LION + (10 points) Suppose the Canadian dollar is cur DM1.39/$. Ignoring transaction costs: ollar is currently traded at C$1.40/$. The Deutsche Mark is traded at a) Determine the CS/DM exchange ratec b) Suppose the CS/DM cross rate in the opportunity? (2 points) c) How would you take the advantage of any arbitrage situatio exchange rate consistent with these direct quotations. (2 points) cross rate in the market was at C$1.05/DM. Is there any arbitrage ntage of any arbitrage situation? What is your profit? (6 points)