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plz solve the question correctly ***PUT THE ANSWER IN 4 DECIMALS*** Assume the bid rate of Canadian dollar is {dollar1} while the ask rate is

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plz solve the question correctly ***PUT THE ANSWER IN 4 DECIMALS***

Assume the bid rate of Canadian dollar is {dollar1} while the ask rate is 0.6 at Bank VC. Assume the bid rate of a Canadian dollar is 0.8 while the ask rate is {dollar4} at Bank VC. Given this information, what would be your gain if you use 75480 and execute locational arbitrage

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