please answer question 1 and 2 1.Suppose pound sterling is quoted at $1.4419-36.and the Swiss franc is quoted at $0.6250-67.What is the direct quote for the pound in Zurich? Suppose the Brazilian Real is quoted at $0.9455-9510,and the Thai baht is quoted at baht 25.2513-3986 per USD.What is the direct quote for the Real in Bangkok? (10%) 2.Suppose one observed the following direct spot quotations in New York and London,respectively:$1.2500-60 and .8000-50.What is the arbitrage profits per $1 million investment?(10%