garzacon9358 garzacon9358

06-06-2023
Business

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Bank X quotes: $1.25/₤ Bid and
$1.27/₤ Ask, while Bank Y quotes:
$1.28/₤ Bid and $1.29/₤ Ask. Find
the location arbitrage profit. Start with using ₤1,000,000
show steps please

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