Assume the bid rate of a swiss franc is 0438 while the ask, Ask an Expert

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Assume the bid rate of a Swiss franc is $0.438 while the ask rate is $.475 at Bank X. Assume the bid rate of the Swiss franc is $.460 while the ask rate is $0.463 at Bank Y. Given this informa tion, what would be your gain or loss if you use $4,600,000 and execute locational arbitrage?

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Financial Management, Finance

Category:- Financial Management
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