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16. Suppose Shell stock is selling for $105 in the UK and for $90 in Holland. You suspect the spread will continue to increase and
16. Suppose Shell stock is selling for $105 in the UK and for $90 in Holland. You suspect the spread will continue to increase and invest accordingly. Prices then move to $100 for each. If you made 1,000,000 trades like this, what are your earnings/losses?
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