National Bank quotes the following for the British pound and…

National Bank quotes the following for the British pound and the New Zealand dollar:     Quoted Bid Price Quoted Ask Price Value of a British pound (£) in $      $1.61      $1.62 Value of a New Zealand dollar (NZ$) in $        $.55        $.56 Value of a British pound in        New Zealand dollars NZ$2.95 NZ$2.96   Assume you have $10,000 to conduct triangular arbitrage. What is your profit from implementing this strategy?

Assume that the inflation rate becomes much higher in the U….

Assume that the inflation rate becomes much higher in the U.S. relative to Great Britain.  This will place __________ pressure on the value of the U.S. dollar.  Also, assume that interest rates in the U.S. begins to rise relative to interest rates in Great Britain.  The relative change in interest rates will place __________ pressure on the value of the U.S. dollar.