Questions I. Formulate a decision model to determine whether there are any arbitrage opportunities with the spot currency rates given in Table 4.22. Note that an arbitrage opportunity could involve several currencies. If there is an arbitrage oppor- tunity, your model should specify the exact set of transactions to achieve it. 2. Find the cross-currency rates in a recent paper for example, in the Wall Street journalor on the Web at http:llwww.oanda.comlconvert/classic. Check the numbers for an arbitrage opportunity. If you find one, do you think it represents a real arbitrage opportunity? Why or why not