An investor notices that an ounce of gold is priced at $1,318 in London and $1,325 in
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An investor notices that an ounce of gold is priced at $1,318 in London and $1,325 in New York. What action could the investor take to try to profit from the price dis- crepancy? Which of the six trading activities would this be? What might be some impediments to the success of the transaction? (LG 16-2)
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Financial Markets And Institutions
ISBN: 9780078034664
5th Edition
Authors: Anthony Saunders, Marcia Cornett
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