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question 3 please

this was all we were given. not sure what information about pesos you woukd even need here?

2. National Bank quotes the following for the British pound and the Singapore dollar Quoted Bid Price Quoted Ask Price Value of a British pound () in $ $1.31 $1.32 Value of a Singapore dollar (S$) in $ 9.65 $.66 Value of a British pound in Singapore dollars S$2.05 S$2.06 Assume you have $10,000 to conduct triangular arbitrage. What is your profit from implementing this strategy? (1.1 points) 3. The one-year risk-free interest rate in China is 5%. The one-year risk-free rate in the US is 2% Assume that interest rate parity exists. The spot rate of the Chinese Yuan is $ 14. (1.1 points) a. What is the forward rate premium? b. What is the one-year forward rate of the peso? C. Based on the international Fisher effect, what is the expected change in the spot rate over the next year? d. If the spot rate changes as expected according to the IFE, what will be the spot rate in one year? 2. National Bank quotes the following for the British pound and the Singapore dollar Quoted Bid Price Quoted Ask Price Value of a British pound () in $ $1.31 $1.32 Value of a Singapore dollar (S$) in $ 9.65 $.66 Value of a British pound in Singapore dollars S$2.05 S$2.06 Assume you have $10,000 to conduct triangular arbitrage. What is your profit from implementing this strategy? (1.1 points) 3. The one-year risk-free interest rate in China is 5%. The one-year risk-free rate in the US is 2% Assume that interest rate parity exists. The spot rate of the Chinese Yuan is $ 14. (1.1 points) a. What is the forward rate premium? b. What is the one-year forward rate of the peso? C. Based on the international Fisher effect, what is the expected change in the spot rate over the next year? d. If the spot rate changes as expected according to the IFE, what will be the spot rate in one year

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