National Bank Quotes the Following for the British Pound and the New

Multiple Choice

National Bank quotes the following for the British pound and the New Zealand dollar:
$\begin{array}{lll} & \underline{\text { Quoted Bid Price}} & \underline{\text {Quoted Ask Price}} \\\text { Value of a British pound (£) in \(\$\) } & \$ 1.61 & \$ 1.62 \\\text { Value of a New Zealand dollar (NZS) in \(\$\) } & \$ .55 & \$ .56\\\text {Value of a British pound in} & & \\\text { New Zealand dollars } & NZ\$2.95 & NZ\$ 2.96\\\end{array}$


Assume you have $10,000 to conduct triangular arbitrage. What is your profit from implementing this strategy?

A) $77.64.
B) $197.53.
C) $15.43.
D) $111.80.