Supposed that Bank of Oxford is willing to buy RM for 0.2130 euros () and sell RM for 0.2350. A trader can sell Australian dollar (A$) to the Bank of Cambridge for RM3.5300 and buy A$ from the bank for RM3.5520. The same trader can buy A$ for 0.6900 and sell A$ for 0.6880 to Bank of Manchester. Demonstrate how an arbitrage attempt is possible to the trader who has RM100,000. (13 marks)