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Question Five: Triangular ArbitrageAs of Thursday, January 6th, 2022, 09:30 pm (GMT) the following quotes apply.CurrencyValue of GBP in USDValue of NZD in USDValue of GBP in NZDQuote1.35320.67461.9123Answer the following questions.Given the information above, is ẗriangular arbitragep̈ossible? Why? Or why not? If it is possible,explain the steps that would reflect the ẗriangular arbitragep̈rocess and compute the potential profitfrom this strategy if you had 1,000,000 USD at your disposal to use f
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