Business, 06.11.2020 17:10 torrejes241

Assume the bid rate of a New Zealand dollar is $0.33 while the ask rate is $0.335 at Bank X. Assume the bid rate of the New Zealand dollar is $0.32 while the ask rate is $0.325 at Bank Y. 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 a New Zealand dollar is $0.33 while the ask rate is $0.335 at Bank X. Assume...

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