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In which case will locational arbitrage most likely be feasible? One bank's ask price for a currency is greater than another bank's bid price for

In which case will locational arbitrage most likely be feasible?

One bank's ask price for a currency is greater than another bank's bid price for the currency.

One bank's bid price for a currency is greater than another bank's ask price for the currency.

One bank's ask price for a currency is less than another bank's ask price for the currency.

One bank's bid price for a currency is less than another bank's bid price for the currency.

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