You are returning back to the usa after a trip to argentina, Financial Management

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You are returning back to the usa after a trip to argentina

You are returning back to the USA after a trip to Argentina. Upon arrival you notice you have an extra 2000 Argentine pesos (ARS) in your wallet. You ask for a quote on the peso at the bank in the airport, and they give you a bid-ask quote of 0.26-0.28 USD/ARS.

How many USD will you be able to recover if you trade with this bank?

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Financial Management: You are returning back to the usa after a trip to argentina

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Financial Management: You are returning back to the usa after a trip to argentina

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