Question 5 Assume that you are a retail customer (arbitrager not a dealer) a. Calculate the no arbitrage 1-year forward BID exchange rate in $ per that that satisfies IRP from the perspective of a customer. b. Calculate the no arbitrage 1-year forward ASK exchange rate in $ per that that satisfies IRP from the perspective of a customer. c. Using your answers for a and b, determine if an arbitrage opportunity exist (please explain fully) d. Use a line chart to prove whether the arbitrage opportunity is profitable. If your answer to c was that there is no arbitrage opportunity, just put NA as your answer here. e. Detail the strategy you going to use to make this profit. Make sure you indicate the results of each transaction in your description, then also make sure you indicate your end profit. If your answer to D was NA, please put NA here as well (Please use $100,000 or its equivalent).