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4. An arbitrager, working with $1,000,000 is looking at the following online quotations by two banks, Buffet Bank and Splendid Bank. Splendid Bank Ask Sos/

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4. An arbitrager, working with $1,000,000 is looking at the following online quotations by two banks, Buffet Bank and Splendid Bank. Splendid Bank Ask Sos/ =$1.2551 Ask Sos/ Buffet Bank = $1.2547 =$1.2545 Bid SoS/ =$1.2549 Bid Sos/ Is there a locational arbitrage opportunity? If so, support your

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