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please help me with these 3 questions. they go togther. please Question 22 The table below presents quotes and cross-quotes on GBP and CHF. Price

please help me with these 3 questions. they go togther. please image text in transcribed
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Question 22 The table below presents quotes and cross-quotes on GBP and CHF. Price for GBP in Price for CHF in New York (USD/GBP) Chicago (USD/CHF) 1 GBP = USD 1.725 1 CHF = USD 0.645 Price for CHF in London (GBP/CHF) 1 CHF = GBP 0.365 The three steps which will create triangular arbitrage profit are as follows: first step, convert 3 second step, convert and third step, convert. USD to GBP: CHF to GBP: CHF to USD USD to GBP: GBP to CHF: CHF to USD USD to CHF; GBP to CHF; GBP to USD USD to CHF; CHF to GBP: GBP to USD Question 23 The table below presents quotes and cross-quotes on GBP and CHF. Price for GBP in Price for CHF in New York (USD/GBP) Chicago (USD/CHF) 1 GBP = USD 1.725 1 CHF = USD 0.645 Price for CHF in London (GBP/CHF) 1 CHF - GBP 0.365 If a trader has access to $10,000,000, calculate the maximum proht in one triangular transaction. $ 4,061,081 $ 30,482,876 $ 244,193 $ 238,372 Question 24 The table below presents quotes and cross-quotes on GBP and CHE Price for GBP in New York (USD/GBP) 1 GBPUSD 1.725 Price for CHF in Chicago (USD/CHF) 1 CHF = USD 0.645 Price for CHF in London (GBP/CHF) 1CHF GBP 0365 GBP/CHF for the If all traders use triangular arbitrage to maximize profits, then USD/GBP for the New York dealer will London dealer will and USD/CHF for the Chicago dealer will decrease increase: decrease increase: decrease; increase increase; decrease; decrease increase; increase, decrease

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