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Hi can anyone explain this question and the solution step by step 1) You see the following quotations. How much would a U.S. investor gain

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Hi can anyone explain this question and the solution step by step

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1) You see the following quotations. How much would a U.S. investor gain or lose if s/he bought the Top ILS.) Image stock in the United States and sold it in Israel? (The symbol for the Israeli currency, the shekel, is Bid Ask Top Image - USD $0.98 $1.00 Top Image - ILS ILS 5 ILS 6 USD/ILS $0.25/ILS $0.30/ILS A) A gain of $1.10 per stock. B) A gain of $0.50 per stock. C) A gain of $0.80 per stock. D) A gain of $0.25 per stock

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