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Business, 08.12.2020 16:50 Strudl8920

Assume the bid rate of an Australian dollar is $0.60 while the ask rate is $0.61 at Bank Q. Assume the bid rate of an Australian dollar is $0.62 while the ask rate is $0.625 at Bank V. Given this information, what would be your gain if you use $1,000,000 and execute locational arbitrage?

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Assume the bid rate of an Australian dollar is $0.60 while the ask rate is $0.61 at Bank Q. Assume t...
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