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s for Consideration: What is an arbitrage opportunity? Explain the idea and why it might be important to people in the finance industry. Provide some

s for Consideration: What is an arbitrage opportunity? Explain the idea and why it might be important to people in the finance industry. Provide some examples of arbitrage opportunities in practice. Develop a linear program to determine if an arbitrage opportunity exists for Table 1. Note that this may require an investment in several currencies, that is, a situation where one trades from A to B from B to C, and finally from C back to A; to qualify as an arbitrage opportunity, the amount of currency A in the end must be greater than that in the beginning. The model should show the precise arbitrage opportunity if one exists. That is, in what sequence should the trades be made? Repeat this analysis for the second table, Table 2. Find these six currency trading rates or another six currency trading rates online or elsewhere. Document the source of the information including the day and time for which the information was valid. Use those values to redo the problem. What results were found? What are the factors that make arbitrage challenging to implement in practice? That is, why isn't everyone able to obtain "free" money? What assumptions were made in the

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