Compute the profit from this arbitrage if you had 1000000


Assume the following information: Beal Bank Yardley Bank Bid price of New Zealand dollar $.401 $.398 Ask price of New Zealand dollar $.404 $.400 Compute the profit from this arbitrage if you had $1,000,000 to use.

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Financial Management: Compute the profit from this arbitrage if you had 1000000
Reference No:- TGS02306280

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