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Problem 8 Intro Below are quotes for the Mexican peso (MXN) from two banks Ask Bank Alpha Bank Delta Bank Bid $0.041 $0.043 $0.042 $0.045

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Problem 8 Intro Below are quotes for the Mexican peso (MXN) from two banks Ask Bank Alpha Bank Delta Bank Bid $0.041 $0.043 $0.042 $0.045 7 Part 1 Attempt 1/6 for 10 pts If you have $110,000, what is your profit from exploiting this locational arbitrage opportunity once (in $)? 0+ decimals Submit

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