Suppose at this moment, the common stock of ABC Ltd. is trading at the Toronto Stock Exchange, TSX, and the Tokyo Stock Exchange, at the following prices per share: TSX Bid Ask C$12 C$12.05 TSE Bid Ask 1150 1190 The prevailing exchange rate at this moment between Y and C$ is: C$0.01 = 1.0. (i) Assume that brokerage commission for buying or selling the common stock at both locations of $10 plus is 0.2% of the price, find arbitrage profit of buying and selling 50,000 shares of common stock of ABC Ltd. (ii) Suppose now that the brokerage commission for buying or selling the stock continues to be the lump sum amount of $10+d% of the price. For transaction size of 50,000 shares, find the value of d that will eliminate the arbitrage opportunity. Suppose at this moment, the common stock of ABC Ltd. is trading at the Toronto Stock Exchange, TSX, and the Tokyo Stock Exchange, at the following prices per share: TSX Bid Ask C$12 C$12.05 TSE Bid Ask 1150 1190 The prevailing exchange rate at this moment between Y and C$ is: C$0.01 = 1.0. (i) Assume that brokerage commission for buying or selling the common stock at both locations of $10 plus is 0.2% of the price, find arbitrage profit of buying and selling 50,000 shares of common stock of ABC Ltd. (ii) Suppose now that the brokerage commission for buying or selling the stock continues to be the lump sum amount of $10+d% of the price. For transaction size of 50,000 shares, find the value of d that will eliminate the arbitrage opportunity