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please show your work, and give an explanation of what you did to solve the problem. We have the following information. The spot exchange rates

please show your work, and give an explanation of what you did to solve the problem.
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We have the following information. The spot exchange rates and the forward rate for a year delivery from now between the South African rand (ZAR) and the Mali West African franc (CFA) are.023 and .025 ZAR per CFA respectively. How would we speculate in thi. spot markets and in the forward one to make profit? Presuppose, we have the equivalent of 10 million rand

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