Country Hong Kong Korean won Singapore

Currency dollar won dollar

Symbol HK$ W S$

Code HKD KRW SGD

Currency to equal $1$ Dollar $7\mathrm{.}76431,131\mathrm{.}931\mathrm{.}3441$

Currency to equal $1$ Euro $9\mathrm{.}21161,347\mathrm{.}121\mathrm{.}5960$

Currency to equal $1$ Pound $10\mathrm{.}72951,568\mathrm{.}351\mathrm{.}8584$

$2.$ The following quotes are available to you. You may either buy or sell at the stated rates.

Singapore dollar quote for Korean Won Won $714\mathrm{.}00/$S$

Hong Kong dollar quote for Singapore Bank HK$$4\mathrm{.}70/$S$

Korean Won quote for Hong Kong dollars Won$150\mathrm{.}00/$HK$

Assume you have an initial S$$1,000,000.$

$$ Is triangular arbitrage possible?

$$ If so$,$ explain the steps and compute your profit.