what's the part C answershow all works step

Use the table below to answer the following questions American TermsEuropean Terms Bank A's Quotations Bid Ask BidAsk British pounds Euros 1.97121.9717l60.50720.5073 S1.4738 1.4742e0.6783l0.6785 a. What is? b. What is c. Suppose Bank B provides a quote of GBP 0.7462-68 for the EUR. Demonstrate whether and how an arbitrage profit can be made. Only need answer Question c, ignore a and b Use the table below to answer the following questions: American Terms European Terms Bid Ask Ask Bank A's QuotationsBid British pounds Euros 1.9712S 19717E 0.5072E0.5073 1.4738 14742 0.6783 0.6785 a What is SR What is SaPR c. Suppose Bank B provides a quote of GBP 0.7462-68 for the EUR Demonstrate whether and how an arbitrage profit can be made. Use the table below to answer the following questions:e American Terms European Terms Bid Bank A's QuotationsBid British pounds Euros Ask Aske $ 1.47384 $ 1.4742 ef 0.6783+' .. 0.6785 ee What is SGBP/EUr ?* a. b. What is SaBP/EUr Suppose Bank B provides a quote of GBP 0.7462-68 for the EUR. Demonstrate whether and how an arbitrage profit can be made."' c