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Assume that you have $1,000,000 to invest. Bank A Bank B Bid price of Peso $0.0940 $0.0929 Ask price of Peso $0.0949 $0.0934 The net

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Assume that you have $1,000,000 to invest. Bank A Bank B Bid price of Peso $0.0940 $0.0929 Ask price of Peso $0.0949 $0.0934 The net profit from the locational arbitrage is O $21,529 O 516,060 O $2,574 O $11,841 O $6,424 A Moving to the next question prevents changes to this

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