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Assume the following information: Bank A Bank B Price of New Zealand dollar $.305 $.306 Given this information, is locational arbitrage possible? If yes, how

Assume the following information: Bank A Bank B Price of New Zealand dollar $.305 $.306 Given this information, is locational arbitrage possible? If yes, how do you arbitrage? A.no O B. yes, buy New Zealand dollar from Bank A and then sell it to Bank B C. yes, buy New Zealand dollar from Bank B and then sell it to Bank A

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