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Using the following quotations: EUR/USD 1.0716 / 1.0729 GBP/USD 1.2516/1.2529 EUR/GBP 0.8560/0.8574 (British Pound, U.S. Dollar, Euros) With 10,000 USD, look for triangular arbitrage opportunities.

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Using the following quotations: EUR/USD 1.0716 / 1.0729 GBP/USD 1.2516/1.2529 EUR/GBP 0.8560/0.8574 (British Pound, U.S. Dollar, Euros) With 10,000 USD, look for triangular arbitrage opportunities. What are the results of your attempts? NOTE: You must check two different alternatives - answer as part (a) and then part (b). Answer is to be in USD (how much currency do you have after the series of transactions). You must be accurate to 2 decimal places

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