Q. No 1. Suppose the spot exchange rates quoted by three banks located in three different countries are as follows: Bank A (Australia): 0.6704/A$ Bank B (Japan): 89.05/A$ "Bank C (Germany): 137/" Assume an Australian investor has an initial A$2.5 million and the investor can buy or sell currencies from the banks at the above quoted rates. Determine if the investor can make a profit via triangular arbitrage. Calculate any profit or loss in A$. Show all calculation steps and both paths.