Question
BCE trades both in Toronto and in New York. The bid and ask quotes for BCE in Toronto are 55.37 and 55.60. The bid and
BCE trades both in Toronto and in New York. The bid and ask quotes for BCE in Toronto are 55.37 and 55.60. The bid and ask quotes on the NYSE are 41.89 and 42. The CAD-USD quotes are 1.318 and 1.319. Is there an arbitrage opportunity here
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
13th edition
132743469, 978-0132743464
