This is for an exam review. Could you really show your steps. This is just a base question. The numbers will keep changing so just need the basis of the problem, thanks!

There are two FX dealers 1 quotes USD - GBP as $/1.7041.722 2 quotes USD - GBP as $/1.6851.690 How many pounds will you receive if you have $2,415,921 ? Question 2 1 pts The spot rate is $1.210/ The 1 -year forward rate is $1.271/E What are your potential arbitrage profits if you have $6,464,645 and the dollar interest rate is 3 and the pound interest rate is 13