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The table below presents quotes and cross-quotes on BP and SF. Price for BP in New York (in $) $ 1.725 for 1 BP Price

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The table below presents quotes and cross-quotes on BP and SF. Price for BP in New York (in $) $ 1.725 for 1 BP Price for SF in Chicago (in $) $0.645 for 1 SF Price for SF in London (in BP) BP 0.365 for 1 SF If all traders use triangular arbitrage to maximize profits, then the dollar price of BP for the New York dealer will Increase decrease The table below presents quotes and cross-quotes on BP and SF. Price for BP in New Price for SF in Price for SF in York (in $) Chicago (in $) London (in BP) $ 1.725 for 1 BP $0.645 for 1 SF BP 0.365 for 1 SF If all traders use triangular arbitrage to maximize pronts, then the BP price of SF for the London dealer will decrease increase

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