Assume the following information:     Quoted Bid Price…

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 Value of an Australian dollar in        Mexican pesos     8.2     8.5   Assume you have $100,000 to conduct triangular arbitrage. What will be your profit from implementing this strategy?