Very important: Before you submit the answers to this questi…

Very impоrtаnt: Befоre yоu submit the аnswers to this question, I need you to show me proof thаt you have calculated the outcomes by hand. You need to show me your work on your scratch paper and hold it up at camera level. Failing to comply will result in a 50% reduction for this question incurred after video has been evaluated. Evaluate the arbitrage opportunity with the triangular arbitrage methods for the following currency pairs and identify the preferred direction of trade Bid Ask USDGBP 0.7404 0.7478 CHFUSD 1.2756 1.2812 CHFGBP 0.9476 0.9523 Please calculate both directions and provide the answers. In your answer below, you could provide a 3x3 table (see the top right corner of the text box) and add the following: Calculation Preferred direction (Y/N) Direction 1 answer answer Direction 2 answer answer