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Common shares of Graham Bell Canada currently trade at the following bid-ask spreads in Toronto and London. The current exchange rate is 1 = 1.75
Common shares of Graham Bell Canada currently trade at the following bid-ask spreads in Toronto and London. The current exchange rate is 1 = 1.75 CAD. Ignore brokerage commissions.
Toronto: Bid $35 CAD Ask $36 CAD
London: Bid 21.1 Ask 21.7
What is the best feasible trade that an investor can make in this circumstance?
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