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Business, 17.06.2021 03:10 desereemariahha
120. Assume that the bid rate for Australian dollar $.60 [.9650] while the ask rate is $.61 [.9811] at Bank A. Also assume that the bid rate for the Australian dollar is $.62 [.9972] while the ask rate is $.625 [1.0052] at Bank B. What would be your profit if you have $100,000 and you execute locational arbitrage
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120. Assume that the bid rate for Australian dollar $.60 [.9650] while the ask rate is $.61 [.9811]...
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