Suppose that on March 7,2022 at 1PM (EST) you observe the following market quotes (i.e., the best bid/ask quotes across al dealers) across Romanian RON, EUR, and Swedish krona SEK - EUR/RON 0.2021-28, - RON/SEK 0.4611-32, and - SEK/EUR 10.8756-71 Questions: (1) What is the indirect EUR/RON exchange rate? Answer: Choose one of the following answers: A, B, or C A=EUR/RON0.184478 B=EUR/RON0.19620.2023 C=EUR/RON0.198594 (2) What is the indirect SEK/EUR exchange rate? Answer: (2) What is the indirect SEK/EUR exchange rate? Answer: Choose one of the following answers: A,B, or C A=SEK/EUR9.8939-10.2210B=SEK/EUR10.6454-10.7310C=SEK/EUR10.8842-93 (3) Is there an arbitrage opportunity in these rates? Answer: Choose one of the following answers: A or B A=YesB=N0 (4) If there is an arbitrage opportunity in these rates, what is the most money you could make if you could borrow EUR 1 million? Answer: (4) If there is an arbitrage opportunity in these rates, what is the most money you could make if you could borrow EUR 1 million? Answer: Choose one of the following answers: A, B or C A=EUR13,540.62B=EUR13,474.98C=EUR13,318.81