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Assume the following information: Quoted Bid Price Quoted Ask Price Value of an Australian dollar (A$) in $ $0.67 $0.69 Value of Mexican peso in $...

Assume the following information: Quoted Bid Price Quoted Ask Price Value of an Australian dollar (A$) in $ $0.67 $0.69 Value of Mexican peso in $ $.074 $.077 8.5 Assume you have $100,000 to conduct triangular arbitrage. What will be your profit from implementing this strategy?a. $6,133 b. $2,368 c. $6,518 d. $13,711

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