Assume the following information: Beal Bank Yardley Bank Bid price of New Zealand dollar $0.401 $0.398 Ask price of New Zealand dollar $0.404 $0.400 Compute the profit from locational arbitrage if you had $1 million to use. Round your answer to the nearest dolla $ What market forces would occur to eliminate any further possibilities of locational arbitrage? The large demand for New Zealand dollars at Yardley Bank will force this bank's ask price on New Zealand dollars to -Select-9. The large sales of New Zealand dollars to Beal Bank will force its bid price -Select- Describe the steps involved in assessing country risk once all relevant information has been gathered. Description A weight must be assigned to each factor. The weighted ratings can be consolidated to derive an overall political risk and financial risk rating, and (if desired) an overall country risk rating. A rating must be assigned to each factor. Step -Select- First Second Third berec When NYU Corp. considered establishing a subsidiary in Zenland, it performed a country risk analysis to help make the decision. It first retrieved a country risk analysis performed about one year earlier, when it had planned to begin a major exporting business to Zenland firms. Then it updated the analysis by incorporating all current Information on the key variables that were used in that analysis, such as Zenland's willingness to accept exports, its existing quotas, and existing tariff laws. Is this country risk analysis adequate? Explain. -Select- A country risk analysis used for an exporting project incorporates -Select- information than an d to assess the feasibility of establishing a subsidiary. Yes No