2) (4 pts) National Bank quotes the following for the British pound and the New Zealand Value of a British pound () in $ Value of a New Zealand dollar (NZD) in $ Value of a British pound in New Zealand dollars Quoted Bid Price $1.265/12 $.661/1NZD Quoted Ask Price $1.267/1 $.667/1NZD NZD 1.928/1GBP NZD 1.935/1GBP What should the Cross be between the British pound and NZD in terms of # of NZD per 1 GBP Bid Ask Assume you have $100,000 to conduct triangular arbitrage. What is your profit from implementing this strategy