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Arbitrage You have $20,000 in a bank account earning 4% pa. You also have an unpaid balance on your credit card of $10,000 for which

Arbitrage You have $20,000 in a bank account earning 4% pa. You also have an unpaid balance on your credit card of $10,000 for which you pay an interest rate of 19% pa. what is the arbitrage opportunity you face

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