As locational arbitrage occurs due to the following bid and ask rates of the pound for two banks shown below, what actions will result? Bid Ask Bank A $1.42 $1.43 Bank B $1.40 $1.41 Select one: O a. the bid rate for pounds at Bank A will increase; the ask rate for pounds at Bank B will increase. O b. the bid rate for pounds at Bank A will increase; the ask rate for pounds at Bank B will decrease. O c. the bid rate for pounds at Bank A will decrease; the ask rate for pounds at Bank B will decrease. O d. the bid rate for pounds at Bank A will decrease; the ask rate for pounds at Bank B will increase