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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assume the following information beal bank yardley bank bid price of new zealand dollar 401 398 ask price of new
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