Q1 Suppose the spot exchange rates quoted by three banks located in three different countries are as follows: Bank A (Australia): 0.6115/A$ Bank B (Japan): 89.05/A$ Bank C (Germany): 131/ Assume a German investor has an initial 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 . Show all calculation steps and both paths. (6 marks)