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Assume the following information: Bank A Bank B US$0.30 US$0.306 Bid price of Malaysian ringgit Ask price of Malaysian ringgit US$0.305 US$0.31 Given this information,

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Assume the following information: Bank A Bank B US$0.30 US$0.306 Bid price of Malaysian ringgit Ask price of Malaysian ringgit US$0.305 US$0.31 Given this information, compute the profit from locational arbitrage for an investor with US$500,000. Select one: O a. $500. b. $1,639 c. $2,041,667 d. $9,804

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