Suppose that USD-sterling spot and forward exchange rates are as follows: What opportunities are open to an arbitrageur in the following situations? a. A 180-day European call option to buy 1 for $1.32 costs 2 cents. b. A 90-day European put option to sell 1 for $1.39 costs 2 cents. Using the 180-day call option and 180-day forward, if the spot rate turns out to be $1.35/ in 180 -day, the trader can achieve $ E arbitrage profit. (Keep four decimals) Hint for thought process: - Establish position (long or short) of call and forward contract - Write out the net profit for call position - Write out the net profit for forward position - Add up the net profit for call and forward positions Using the 90-day_put option and 90-day forward contract, if the spot rate turns out to be $1.45/ in 90 -day, the trader can achieve $ arbitrage profit. (Keep four decimals)