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National Bank quotes the following for the British pound and the New Zealand dollar: Quoted Quoted Bid Price Ask Price Value of a US dollar

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National Bank quotes the following for the British pound and the New Zealand dollar: Quoted Quoted Bid Price Ask Price Value of a US dollar in 's 0.620 0.625 Value of a New Zealand dollar (NZS) in Es E0.310 0.315 Value of a US dollar in New Zealand dollars NZ $2.20 NZ $2.25 Assume you have 10,000 to conduct triangular arbitrage. What is your profit from implementing this strategy? 1,340 O 1,250 1,253 1,160

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