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Question 32 1 pts The table below presents quotes and cross-quotes on GBP and EUR Price for GBP in Price for EUR in New Price

Question 32 1 pts The table below presents quotes and cross-quotes on GBP and EUR Price for GBP in Price for EUR in New Price for EUR In Chicago (USD/GBP) York USOURI London (GBP/EURI 1 GBPUSD 1.45 1 EUR USD 1.15 1 EUR GBP 0.7852 If all traders use triangular arbitrage to maximize pronts, then USD/GBP for the Chicago dealer will GBP/EUR for the London dealer will and USD/EUR for the New York dealer will Increase decrease: decrease increase increase, decrease decrease: decrease increase decrease: Increase; Increase

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