plz use your own words answer this and showthe process thx!!!

a) Briefly explain the three common forms of arbitrage applied to foreign exchange and international money markets. [3 marks] Please provide the answer here; you may increase space where necessary b) Assume the following information: Spot rate of Euro 90 day forward rate of Euro 90 day European interest rate 90 day U.S interest rate- Quoted price 0.80 USD 0.79 USD 4% 2.5% REQUIRED: Given the information above, discuss if covered interest arbitrage worthwhile for an US investor who has US dollars to invest (assume the investor invests $1,000,000). Explain with calculations. [4 marks]+ Please provide the answer here; you may increase space where necessary