Marks Suppose one-year US Treasury bill pays 2.36% and one-year Canadian Treasury bill pays 0.79%. The current spot exchange rate is 1 US dollar (USD) = 1.2049 Canadian dollar (CAD) and the one-year forward exchange rate is 1 USD = 1.1655 CAD. How much arbitrage profit can an investor eam on an investment value of CAD 1 million? Answer: CAD DO NOT ROUND YOUR CALCULATIONS UNTIL YOU REACH THE FINAL ANSWER. ENTER YOUR RESPONSE ROUNDED TO TWO (2) DECIMAL PLACES AND NO SEPARATOR FOR THOUSANDS IS REQUIRED.) pays on the CADA muchage USD 1 | CADI Answer CAD DO NOT ROUND YOUR CALCULATIONS UNTIL YOU REACH THE FINAL ANSWER ENTER YOUR RESPONSE ROUNDED TO TWO DECIMAL PLACES AND NO SEPARATOR FOR THOUSANDS IS REQUIRED mure Suppose the demand curve for a product is given by 0 - 200 - 9PP., where is the price of the product and Pas the price of the good the price of the substitute good is 566 Suppose the price of the product is 192 What is the cross- price elasticity of demand Answer DO NOT ROUND YOUR CALCULATIONS UNTIL YOU REACH THE FINAL ANSWER ENTER YOUR RESPONSE ROUNDED TO THREE (3) DECIMAL PLACES