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9. A corporate treasury working out of Austria with operations in New York, simultaneously calls Citibank in New York City and Barclays in London. The

9. A corporate treasury working out of Austria with operations in New York, simultaneously calls Citibank in New York City and Barclays in London. The banks give the following quotes on the euro simultaneously.

Citibank NYC

Barclays London

$0.8464-74/

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