One month interest rate 0.053%

One month $ interest rate 0.101%

Spot rate $/ $1.4130

Transaction date: May 13, 2019

One Month Forward Rate ($/)(Bid) =1.413038

One Month Forward Rate ($/)(Offer) =1.413073

PART A: What are the Arbitrage Points Available?

Part B: How much would one make or lose per $1M invested if you deposited

money in GBP and borrowed USD?

PART C: How much would one make or lose per $1M invested if you deposited

money in USD and borrowed GBP?