The exchange rates for the Australian dollar and the Mexican peso in the table below are available to you from Extinct (S/AUD) and Cualagana (MXN/S) banks. Bilbao Bank gives you a spot rate of MXN11.9021/AUD. Assume you have AUD 1 million. Can you make a profit via triangular arbitrage? If so, show the steps and calculate the amount of profit in Australian dollars. Spot Forward Rates 1 month 6 months 1 year $/AUD MXN/$ 0.7152 16.4426 0.7119 16.5071 0.7089 16.6168 0.7039 16.8776