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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