Locational arbitrage assume the following information: given this information, is locational arbitrage possible? if so, explain the steps involved in locational arbitrage, and compute the profit from this arbitrage if you had $1 million to use. what market forces would occur to eliminate any further possibilities of locational arbitrage?

Perry is a freshman, he estimates that the cost of tuition, books, room and board, transportation, and other incidentals will be $30000 this year. he expects these costs to rise about $1500 each year while he is in college. if it will take him 5 years to earn his bs, what is the present cost of his degree at an interest rate of 6%? if he earns and extra $10000 annually for 40 years, what is the present worth of his degree.?