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Assume the following information: Bank A Bid price of Malaysian ringgit US$0.30 US$0.306 Ask price of Malaysian ringgit US$0.305 US$0.31 Given this information, compute the
Assume the following information: Bank A Bid price of Malaysian ringgit US$0.30 US$0.306 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$1,000,000. Select one: O a. $9,804 O b. $3728. Bank B O C. $2,041,667 O d. $1,639
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