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21-12-2022
Business

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tai determines the bid rate of a australian dollar is $0.33 while the ask rate is $0.335 at bank a. assume the bid rate of the australia dollar is $0.32 while the ask rate is $0.325 at bank b. given this information, what would be tai's gain if you use $250,000 and execute locational arbitrage? that is, how much will tai end up with over and above the $250,000 tai started with?

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