2. Locational Arbitrage. Assume the following information Beal Bank w Yardley Bank S.398 Bid price of New Zealand dollar S.401 Ask price of New Zealand dollar $.404 $.400 Given this information, is locational arbitrage possible? If so, explain the steps involved in locational arbitrage, and compute the profit from this arbitrage if you had $1,000,000 to use. What market forces would occur to eliminate any further possibilities of locational arbitrage? 3S /41 43 PM se DOLL