Assume you are a trader with Deutsche Bank. From the quote screen on your computer terminal, you notice that Dresdner Bank is quoting DM1.6230/$ and Credit Suisse is offering SF1.4260/$. You learn that UBS is taking a direct market between the Swiss franc and the mark, with a current DM/SF quote of 1.1250. Is triangular arbitrage possible? Explain:

b)If so, show how you can make a triangular arbitrage profit by trading at these prices.