Take the following two exchange rates and compute the INR/EUR cross exchange rate. USD.2745/SAR and USD1.2145/EUR. (answer to 4 decimal places and avoid rounding until reporting a final answer)

2. In question 1, if there is a direct cross exchange rate of SAR4.5250/EUR, is there a triangular arbitrage opportunity? If yes, start with $40,000 and indicate how much triangular arbitrage profit exists for 1 trip around the triangle.