QUESTION 14 suppose that you obtained the following quotes, Swiss bank is willing to buy or sell the Swiss franc (SFr) at an exchange rate of SF1.4374 per dollar industrial bank is willing to buy or sell the Australian dollar (A5) at an exchange rate of A$1.6394 per dollar. Cross bank is willing to exchange Swiss franc at an exchange rate of A$1.1445 per Swiss franc. A ignoring transactions cost is triangular arbitrage possible? If so, explain the steps that you would follow to make an arbitrage profit, and compute the profit from this strategy if you had $1.000.000 to use. B) As investors engage in triangular arbitrage, explain the effect on each of the exchange rates until triangular arbitrage would no longer be possible. For the toolbar, press ALT+F10 PC or ALT+FN+F10 (Mac). TTT Aria 311200) T E - 2'S QUESTION 14 Suppose that you obtained the following Quotes, Swiss bank is willing to buy or sell the Swiss franc (SF) at an exchange rate of SF1.4374 per dollar. Industrial bank is willing to buy or sell the Australian dollar (AS) at an exchange rate of A51.6394 per dollar. Cross bank is willing to exchange Swiss franc at an exchange rate of A$1.1445 per Swiss franc. A) Ignoring transactions cost. Is triangular arbitrare possible if so explain the steps that you would follow to make an arbitrage profit and compute the profit from this strategy if you had 51.000.000 to use B) As Investors engage in triangular arbitrage explain the effect on each of the exchange rates until triangular arbitrage would no longer be possible. For the toolbar.press ALT+F10 (PC) OF ALTFN-F10 (MBC), TTT Artist