Euroshipping is also considering developing a multilateral netting system. a. Given the cumulative monthly payments in the following payments matrix, derive the minimum transfers that could be made....

Euroshipping is also considering developing a multilateral netting system.

a. Given the cumulative monthly payments in the following payments matrix, derive the minimum transfers that could be made.

b. If the transaction costs on these fund transfers are 0.45%, how much would the company save by switching to a multilateral netting system?